Elon Musk is officially on the trillionaire path as Tesla shareholders approve an unprecedented $1 trillion pay package

It’s official: Elon Musk is on track to become the world’s first trillionaire. Tesla shareholders approved a new executive pay package Thursday afternoon that would give Musk nearly $1 trillion in stock over the next decade, a record-shattering deal for the world’s richest man. The total award depends on whether Musk can meet ambitious performance targets for the struggling electric-vehicle company, including growing Tesla’s market cap to $8.5 trillion—a more than 500% increase from today’s valuation. The ...