Tesla shareholders approved Elon Musk's $1 trillion payment.

Approval from Tesla Shareholders

Tesla shareholders have approved CEO Elon Musk’s $1 trillion payment proposal late at night. This decision has affected investors in various ways. Immediately after the plan was approved, TSLA shares showed a decline in normal market transactions but exhibited a volatile trend during the annual meeting.

In a statement made before the vote, Musk noted that the $1 trillion payment proposal aimed more at increasing his stake in Tesla to around 25% rather than compensation. This situation is being viewed as a significant strategic move for both shareholders and investors.