At Tesla’s annual meeting in Austin, Texas, shareholders overwhelmingly approved CEO Elon Musk’s 2025 performance-based compensation plan, with more than 75% voting in favor.

The plan, potentially worth up to $1 trillion, hinges on achieving ambitious milestones such as an $8.5 trillion market capitalization and deploying one million robotaxis by 2035.

The approval effectively replaces a previously court-voided package and renews investor confidence in Musk’s long-term vision for Tesla’s growth and innovation.

Musk outlined Tesla’s roadmap for integrating artificial intelligence and robotics into its manufacturing and transportation models, emphasizing the company’s push toward what he described as “sustainable abundance.”

Key highlights included progress on the humanoid Optimus robot, updates on the Cybercab autonomous vehicle set for production in 2026, and a newly redesigned Semi truck.

The meeting also featured product showcases and a highly energized crowd, reflecting continued enthusiasm for Tesla’s expanding technological frontier and its potential to reshape both mobility and energy industries worldwide.

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