Tesla shareholders voted Thursday to approve Elon Musk’s staggering new pay package, in a move aimed at retaining the controversial CEO’s leadership during a time of great upheaval for the automaker.

The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.

Dow Jones Top Company Headlines at 7 PM ET: Tesla Shareholders Approve Elon Musk's $1 Trillion Pay Package | Macquarie's ... Australia's Macquarie Group lifted its dividend by less than expected after ...

Tesla shareholders approved Elon Musk's $1 trillion pay package. A vote to authorize an investment in xAI was less conclusive ...

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The board at Tesla has voted in favor of a compensation plan that could see CEO Elon Musk become the world's first trillionaire.

The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on ...

Tesla's board will "examine" investing in xAI, which is also owned by Musk, after more shareholders voted to support the decision than those against.

Follow live coverage and news from Tesla's annual shareholder meeting on Thursday. Investors voted on Elon Musk's $1 trillion ...

Tesla shareholders have voted to approve a massive pay package meant to retain the services of its billionaire CEO Elon Musk.

Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly ...

Supporters have said the nearly $1 trillion package benefits shareholders, as Musk must ensure Tesla hits a series of milestones to get paid.