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 Record Pay Package

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

Musk's Vision for Tesla

The pay package supports Musk's long-term goal to transform Tesla into a leading company in artificial intelligence and robotics.

Stock Price Reaction

On the day of the approval, Tesla's stock price experienced a slight decline despite the positive vote.

This endorsement supports Musk's ambitious vision for Tesla's transformation into an AI and robotics leader, despite a slight dip in the company's stock price on the approval day.

News Source

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Author’s summary: Tesla’s new pay plan for Elon Musk highlights his bold vision to steer the company into AI and robotics dominance, even as stock fluctuates.

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