Daijiworld Media Network – Austin

Austin, Nov 7: Tesla shareholders on Thursday overwhelmingly approved a record-breaking pay package for CEO Elon Musk that could reach an estimated $1 trillion, ensuring his continued leadership as the company accelerates its efforts in artificial intelligence and robotics.

The massive compensation plan, which won more than 75 percent shareholder support at Tesla’s annual meeting held at its Austin factory, aims to retain Musk for at least the next seven-and-a-half years. The package could potentially increase Musk’s ownership in Tesla from around 12 percent to more than 25 percent.

“I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes. I super-appreciate it,” a jubilant Musk told the cheering crowd as chants of “Elo

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