Tesla’s profits have fallen due to a strong consumer backlash against his political activities

The car-maker is lobbying fiercely for the pay package, which is being voted on ahead of its AGM on Thursday.

Big funds, advisory firms and the Pope oppose the exorbitant plan. Approval means shareholders think the polarizing, distracted CEO can top past successes with an AI-powered…

Shareholder votes on a pay package worth $1tn to be tallied 6 November – but it contains milestones beyond growing the company’s market cap

Also: All the news and watercooler chat from Fortune.

“He frequently teeters on the edge of disaster," said Tesla owner and money manager Nancy Tengler, "and then pulls back just in the nick of time.”

The richest man in the world will get hundreds of millions of new shares if he hits his targets.

Musk’s net worth could soon top $1,000,000,000,000 as Tesla reaffirms its desire for the world’s richest man to lead the electric-vehicle company.

Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investors

The world’s richest person could have his net worth nearly double under the proposed payment plan.

The world’s richest man was just handed a chance to become history’s first trillionaire.

The unprecedented payday will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets.

Shareholders approved the pay package with as much as 75 percent support on Thursday.

Shareholders believe Musk is the man to drive electric vehicle manufacturer to $8.5 trillion in market value over next decade, shrugging off experts’ concerns about the business…

NEW YORK: The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock…

Tesla shareholders endorsed a massive pay package for CEO Elon Musk on Thursday at the company's factory in Austin. Cheers of 'Elon' broke out after the vote result was announced,…

Also: All the news and watercooler chat from Fortune.

Tesla’s $1T Elon Musk payday, U.S. CBO hacked, Take-Two’s GTA VI delays. Plus: Affirm, Airbnb, Amazon, Cloudflare, Meta, Nvidia, OpenAI.

Shareholders at Tesla's annual general meeting in Austin approved a 10-year "mega peformance equity award" that could catapult Elon Musk to trillionaire status.

Musk will have to meet a series of milestones over the next decade to earn it.

Making Elon Musk the world’s first trillionaire appears to fit a US investment culture of backing high-flying innovators