Tesla shareholders approved Elon Musk's $1 trillion compensation package, betting the company can reach $8.5 trillion valuation through robotaxis and humanoid robots.

Elon Musk's new $1 trillion Tesla pay plan has turned an already heated debate over executive compensation into a full-blown political and corporate flashpoint. The package, which could make Musk the world's first trillionaire if all targets are met,

As with SpaceX, then, Mr Musk is gambling Tesla’s future on AI, and his belief that he can harness his existing businesses to dominate the technology. Plenty of doubters have scoffed at his grand ambitions before. But never has Mr Musk put so much on the line. ■

Tesla CEO Elon Musk’s 2018 pay package, the subject of much controversy over the years, must be reinstated, a Delaware court ruled on Friday. The Delaware Chancery Court twice invalidated Musk’s 2018 options package, which consisted of 12 tranches set ...