Elon Musk has won approval from Tesla shareholders for the largest corporate pay package in history, worth a potential $1trn (£761bn) if he hits a series of ambitious goals over the next decade.

The proposal, which would see the firm become an AI and robotics juggernaut, was approved by more than 75% of shareholders.

The result of the vote was announced at the company’s annual meeting at its factory in Austin, Texas, where Musk bounded to the stage accompanied by dancing robots. New Feature

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“What we are about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book,” Musk told a cheering group of shareholders.

“Other shareholder meetings are like snoozefests, but ours are bangers,” Musk said. “I mean, l

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