Tesla stock crashes as Elon Musk inches closer to $1 trillion goal with pay plan approval; check Tesla's share price and Musk’s big goals over the next decade

Tesla Shareholders Approve CEO Pay Package

Tesla shareholders have overwhelmingly approved a record-breaking compensation plan for CEO Elon Musk. This approval brings Musk closer to becoming the world's first trillionaire.

Musk's Vision and Company Direction

The pay package endorsement supports Musk's ambitious goal to transform Tesla into a leader in artificial intelligence and robotics.

Stock Market Reaction

Despite the approval day coinciding with a slight decline in Tesla’s stock price, investor confidence remains focused on Musk’s long-term plans.

"This endorsement supports Musk's ambitious vision for Tesla's transformation into an AI and robotics leader."

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Author's Summary

Elon Musk's record pay package gains strong shareholder support, moving Tesla toward AI and robotics leadership despite minor stock fluctuations.

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The Economic Times The Economic Times — 2025-11-07