Shareholders of Tesla approved a pay package for CEO Elon Musk worth up to $1 trillion, dependent on meeting ambitious benchmarks. Musk could receive nearly 424 million shares of Tesla as 12 performance milestones are met. The targets include delivering 20 million vehicles, achieving 10 million Full Self-Driving subscriptions, and selling 1 million robots and operating 1 million robotaxis. Musk’s pay structure aligns with shareholders, but achieving these targets is uncertain. Tesla’s existing EV business is solid, but competition is fierce. Analysts project sales growth, but the stock’s valuation is high given the risks.

Read more at Nasdaq: Is Elon Musk’s Pay Package Really $1 Trillion? And What Could It Mean for Tesla’s Stock?