Tesla Shareholders Approve Musk's Trillion-Dollar Pay Package
Update: 2025-11-14
Description
Tesla shareholders approve massive pay package for Elon Musk, potentially making him the worlds first trillionaire. The plan, tied to ambitious goals, includes reaching an eight point five trillion dollar market value and selling twelve million vehicles annually. Meanwhile, a vote on investing in Musks AI startup, xAI, was less clear-cut. Musk also hints at building a gigantic chip fab for Teslas chip needs, causing Intels stock price to jump.
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