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 Elon Musk's Pay Package

Tesla shareholders have overwhelmingly approved a record-setting pay plan for CEO Elon Musk. This approval sets the stage for Musk to potentially become the world's first trillionaire.

Musk's Vision and Future Goals

The pay package reflects strong support for Musk's bold vision to transform Tesla into a leader in artificial intelligence and robotics. Despite this positive endorsement, Tesla's stock price saw a slight decline on the same day.

The package approval can make Musk the world's first trillionaire.

Market Reaction and Outlook

Even with the minor stock dip, this move signals confidence in Tesla's long-term innovation strategy and its trajectory over the next decade.

Additional Information

For more news, download The Economic Times News App for daily international updates.

Author's summary: Elon Musk’s approved pay package signals strong backing for his transformative AI and robotics ambitions despite a minor stock dip.

more

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

More News