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Tesla approves $1 trillion pay deal for CEO Elon Musk

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Nita Blake-Persen
November 7, 2025

Tesla shareholders approved a historic pay package worth one trillion dollars to the company's CEO, Elon Musk. At the company's annual meeting, they paved the way for Musk to become the world's first trillionaire.

Tesla shareholders have approved a deal that could make Elon Musk the world's first trillionaire, if he boosts the company's value to $8.5 trillion over the next decade.

Musk pitched ambitious plans for self-driving cars and Tesla robots.

Critics warn of his growing political influence, but investors remain confident in his vision.

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