Core Viewpoint - Tesla shareholders approved Elon Musk's $1 trillion compensation plan, with over 75% in favor, supporting his vision to transform the company into an AI and robotics giant [1][3]. Group 1: Compensation Plan Details - Under the new plan, Musk could earn up to $878 billion from Tesla stock over the next 10 years, contingent on achieving specific milestones [3]. - Musk's future goals include delivering 20 million cars, operating 1 million Robotaxis, selling 1 million robots, and achieving a core profit of $400 billion [3][7]. - To receive compensation, Tesla's stock value must increase from approximately $1.5 trillion to $2 trillion, and ultimately to $8.5 trillion, representing a nearly eightfold increase [3][7]. Group 2: Shareholder Reactions and Market Impact - Following the vote, Tesla's stock rose over 3% in after-hours trading [3]. - The approval of the compensation plan was met with cheers from shareholders, indicating strong support for Musk's leadership [5]. - Baron Capital, a significant shareholder, expressed support for Musk's compensation plan despite some opposition from other observers [8]. Group 3: Historical Context and Controversy - The compensation plan is described as the largest incentive plan in history, potentially granting Musk over 423 million shares, which would represent 12% of the company [7]. - The plan has faced criticism from some groups, including the "Take Back Tesla" movement, which urged shareholders to reject the proposal [8].