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Tesla shareholders approved an epic $1 trillion pay package for Elon Musk on Thursday – after the mercurial boss threatened to leave the company if he didn’t get it.
Elon Musk has won a shareholder vote that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade.
The pay approval, backed by over 75% of voting shareholders, grants Musk stock options that could fundamentally reshape how CEOs are paid in Silicon Valley and beyond.
A US District Judge has allowed X and xAI to continue their lawsuit against Apple and OpenAI, rejecting the companies' dismissal attempts. Musk accuses them of monopolising smartphone and AI markets,
Top US CEOs earn millions. Their education provides thinking frameworks for complex decisions. Elon Musk's dual degree at UPenn is highlighted. Patric
Elon Musk could become the world’s first-ever trillionaire after the Tesla board on Thursday approved a record-breaking $1 trillion pay package for the world's richest individual.
Tesla’s board and shareholders approved Elon Musk’s $1 trillion pay package, structured in stock options, potentially making him the world’s first-ever trillionaire if all company goals are achieved.
If the new package is fully realised, Musk’s stake in Tesla would rise from 13% to 25%, adding an estimated 423 million shares to his holdings. The calculation estimates a potential windfall valued at around $1 trillion,