Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade. The vote followed weeks of debate over his management record at the electric car maker and whether anyone deserved such unprecedented pay,

The CEO will have to meet a series of goals to earn the rewards, including raising Tesla’s market capitalization to $8.5 trillion.

Tesla’s shareholders have voted in favor of a compensation plan that could see CEO Elon Musk become the world's first trillionaire. The potential incentives were laid out in September, and the company's shareholders have agreed to allow this all-or-nothing package for its chief exec,

By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as $878 billion over the next decade,

Tesla boss Elon Musk has had a record-breaking pay package that could be worth nearly $1tn (£760bn) approved by shareholders. The unprecedented deal was approved by 75% of votes and drew huge applause from the audience at the firm's annual general meeting on Thursday.

On Thursday, during the company's Annual Shareholder Meeting, Tesla shareholders have voted to approve CEO Elon Musk 's ridiculously hefty pay package that could net him $1 trillion dollars worth of Tesla shares.

Key Takeaways Tesla shareholders yesterday approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit certain goals.One of the pay plan's performance targets is to expand Tesla's stock market valuation to $8.