Eric Lynch, managing director and co-portfolio manager at Suncoast Equity Management, said that while Tesla CEO Elon Musk "deserves to be a very wealthy businessman," his just-approved $1 trillion pay package seems excessive given the EV maker's recent struggles.

The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on Thursday

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,

Tesla shareholders awarded CEO Elon Musk a pay package on Thursday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade. The pay package would make Musk the best-compensated CEO ever recorded.

Tesla shareholders have approved a record-breaking pay package that could make the electric car company's founder Elon Musk a trillionaire if he can deliver a future filled with self-driving taxis and humanoid robots.

Elon Musk scored a decisive victory in the shareholder vote over his $1tn pay package, winning his second record stock award in as many years and putting the billionaire’s control of the electric-vehicle maker beyond doubt.

More than 75% of shareholders voted to approve the plan

Tesla shareholders voted on Thursday to approve a $1 trillion pay package for CEO Elon Musk that could see the billionaire, already the richest man in the world, become the world’s first trillionaire.