What Can Elon Musk Do with $1 Trillion?
Tesla shareholders have made history by approving a record-breaking pay package for Elon Musk, potentially making him the world’s first trillionaire. The figure exceeds the GDP of countries such as the Netherlands, Saudi Arabia, and Switzerland.
The sum — one trillion dollars, or one followed by twelve zeroes — marks the largest corporate compensation plan ever approved. Over 75 percent of Tesla shareholders backed this decision on November 6 in Austin, Texas, setting the stage for Musk’s next big chapter.
A Landmark Decision for Tesla
The shareholder meeting, held amid chants of “Elon, Elon,” was anything but ordinary. Supporters celebrated as the company’s CEO received unprecedented approval for his new compensation plan.
“I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes. I super-appreciate it,” said Musk, visibly moved by the result.
Looking Toward the Future
Musk added another note of optimism while celebrating with Tesla’s Optimus robots, emphasizing that this moment marked a fresh beginning for the company.
“What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book. Other shareholder meetings are snoozefests but ours are bangers. This is sick.”
Author’s Summary
Elon Musk’s approval of a $1 trillion compensation plan positions him to make financial history, symbolizing Tesla’s bold vision and unmatched shareholder confidence.