The trillion-dollar bet is settled, and Musk's $878 billion salary has been approved by TSL shareholders.

On November 7, Tesla shareholders approved a compensation plan for CEO Elon Musk worth approximately $1 trillion at the annual meeting, the highest compensation ever awarded to an executive in corporate history, supporting his vision of transforming Tesla from an electric vehicle manufacturer into a giant in artificial intelligence and Bots. More than 75% of the votes were in favor of this unprecedented plan. Under the new pay-for-performance plan, Musk will receive stock in installments by driving the rise of Tesla's market capitalization, as well as meeting profit and sales milestones. For seven and a half years, he cannot sell any shares. The plan includes 12 tranches of stock, and Musk currently holds about 13% of Tesla shares. If all rewards are achieved, he will receive 423 million new shares, raising his stake to about 25%. Musk will earn equity equivalent to about 1% of Tesla's current stock for each tranche of shares he unlocks. Musk's goals for the next decade include: delivering 20 million vehicles, deploying 1 million Robotaxis, selling 1 million Bots, and achieving core profits of $400 billion.