In a jaw-dropping move that’s sending shockwaves through the tech world, Tesla shareholders have approved a mind-boggling compensation package for CEO Elon Musk that could potentially make him the first trillionaire in history.

The vote, which passed with over 75% approval, grants Musk stock options worth $1 trillion contingent on hitting some seriously ambitious targets. We’re talking about dramatically increasing Tesla’s market value nearly six times, delivering 20 million electric vehicles, and somehow deploying a “robot army” of humanoid robots - all within the next decade.

Despite Tesla facing significant challenges like plummeting sales and increasing market competition, investors seem to maintain an almost mythical faith in Musk’s ability to transform the company. His track record of pulling Tesla back from near-bankruptcy to becoming a global automotive powerhouse has earned him a reputation as a tech maverick.

The compensation package isn’t just about money - it’s about control. Musk will see his stake in Tesla double to nearly 30%, giving him unprecedented influence over the company’s strategic direction. He’s positioning Tesla not just as an electric vehicle manufacturer, but as an AI and robotics powerhouse.

Interestingly, the vote wasn’t unanimous. Major institutional investors like California’s public pension fund and Norway’s sovereign wealth fund vocally opposed the package. Corporate governance watchdogs even labeled the compensation as excessive, leading Musk to controversially call them “corporate terrorists” during an investor meeting.

Musk’s vision extends far beyond traditional automotive boundaries. He’s betting big on transforming Tesla into a technology company that could potentially reshape how we work and live, with autonomous vehicles and humanoid robots playing central roles.

While the path to becoming a trillionaire is fraught with challenges, one thing is clear: Elon Musk continues to be one of the most audacious and polarizing figures in the tech landscape, constantly pushing boundaries and challenging conventional wisdom.