Kathmandu. Shareholders of American automotive and clean energy company Tesla Inc have approved a $1 trillion pay package for CEO Elon Musk. This is the biggest salary package ever for a corporate CEO.
The company announced at its annual meeting on Thursday that 75% of shareholders voted in favor of this pay package. Over the past few days, the board, Musk and retail investors have campaigned to increase the CEO’s pay package for electric vehicle maker Tesla Inc to $1 trillion.
However, to get a full salary, Musk will have to increase Tesla’s market value and boost the sluggish car business. In addition, the goals of robotaxi and optimus robotics will have to be achieved.
