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-breaking compensation plan for CEO Elon Musk. This approval brings Musk closer to becoming the world's first trillionaire.

Ambitious Vision for Tesla

The pay package endorsement reflects support for Musk's bold plans to transform Tesla into a leader in artificial intelligence and robotics.

Stock Price Movement

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

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Summary: Tesla's approval of Elon Musk's unprecedented pay plan signals investor confidence in his plan to revolutionize AI and robotics, despite minor stock price fluctuations.

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

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