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Fortune
Fortune
Preston Fore

Elon Musk is officially on the trillionaire path as Tesla shareholders approve an unprecedented $1 trillion pay package

Elon Musk Tesla Inc. Leo XIV Ron Baron
Elon Musk tips his hat (Credit: Kevin Dietsch/Getty Images)

It’s official: Elon Musk is on track to become the world’s first trillionaire.

Tesla shareholders approved a new executive pay package Thursday afternoon that would give Musk nearly $1 trillion in stock over the next decade, a record-shattering deal for the world’s richest man.

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