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Tesla shareholders on Thursday overwhelmingly approved CEO Elon Musk’s record-breaking pay package, potentially worth up to $1 trillion, reaffirming support for the billionaire entrepreneur as the company pivots toward artificial intelligence and robotics.

According to AFP, nearly 75% of Tesla shareholders voted in favour of the compensation plan, which had been introduced by the board last September to secure Musk’s continued leadership. The package, structured around 12 tranches of stock options, will vest only if Tesla meets a series of ambitious operational and market-cap milestones over the next decade.

If fully realized, Musk’s stake in Tesla would rise from 13% to 25%, adding roughly 423 million shares to his holdings — a potential windfall valued at aroun

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