According to Odaily Planet Daily, Tesla shareholders recently approved a compensation plan worth up to $1 trillion with over 75% of the vote, ending the debate surrounding Elon Musk's compensation and future. Reports indicate that the vote was met with enthusiastic cheers and chants of Musk's name from the audience.

Under the new plan, Musk could earn up to $878 billion from Tesla stock over 10 years. Musk would receive up to $1 trillion in stock, but would have to pay Tesla a certain amount. Analysts say the vote is favorable for Tesla's stock because Tesla's valuation depends on Musk's vision of developing self-driving cars, expanding robotaxis in the US, and selling humanoid robots, despite his far-right political rhetoric damaging Tesla's brand this year.