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Saved February 14, 2026
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Tesla shareholders approved Elon Musk's unprecedented pay package, which could net him up to $1 trillion in stock. Over 75% of votes supported the plan during a meeting at Tesla's Austin headquarters, where Musk expressed optimism about the company's future.
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Tesla shareholders have approved Elon Musk's unprecedented pay package, which could potentially earn him up to $1 trillion in additional stock. The vote showed overwhelming support, with more than 75% of shareholders backing the plan. This approval comes as Musk spoke to a crowd at Tesla's Austin headquarters, surrounded by humanoid robots, expressing optimism about Tesla's future. He emphasized that this moment marks a significant turning point for the company.
Musk's pay package is structured to align his earnings with Tesla's performance, tying the payout to ambitious growth targets. This approach aims to incentivize Musk to drive the company's value higher. His remarks indicated a belief that Tesla is on the cusp of major developments, urging shareholders to hold onto their stock as the company enters what he calls a new chapter. This substantial financial incentive reflects both Musk's influence and the confidence investors have in Tesla's trajectory.
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