On Thursday evening, Eastern Time, Tesla shareholders gave the green light to a staggering $1 trillion compensation package for CEO Elon Musk. While Tesla's stock price dipped during regular trading hours, it defied the downward trend and climbed in after-hours trading at the annual shareholder meeting. Prior to the vote, Musk clarified that the compensation proposal was not merely about financial remuneration; rather, it was geared towards increasing his ownership stake in Tesla to approximately 25%. He also subtly indicated that, should the compensation package fail to secure approval, he might consider departing from the company or, at the very least, shift his focus away from the Optimus humanoid robot project.
