Tesla Shareholders Approve Massive Elon Musk Pay Package

Tesla shareholders approve a potentially $1 trillion pay package for Elon Musk, linking his compensation to significantly boosting the companys market value. The deal, which passed with 75% of votes, has sparked debate but was deemed crucial to retain Musk. The CEO, who received a warm welcome at the meeting, initially focused on the Optimus robot before addressing full self-driving technology, suggesting the company was almost comfortable with drivers texting and driving. US regulators are investigating Teslas self-driving feature due to multiple incidents involving cars running red lights or driving on the wrong side of the road. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.