After a high-stakes meeting, Tesla investors voted to approve Musk's $1 trillion proposed compensation plan that is contingent on lofty goals.

The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade.

When Tesla shareholders approved Musk’s 10-year, $1 trillion pay package, they voted to effectively remake the electric-car company into a robot powerhouse.

Shareholders at Tesla's annual general meeting in Austin approved a 10-year "mega peformance equity award" that could catapult Elon Musk to trillionaire status.

The CEO will have to meet a series of goals to earn the rewards, including raising Tesla’s market capitalization to $8.5 trillion.

Musk warned Tesla risked losing him if the package failed and said he wants to build a "robot army" he can control.

An overwhelming majority of Tesla shareholders approved a payment plan that could be worth $1 trillion for the world’s wealthiest person.

Elon Musk bounded onstage to dance with a humanoid robot after Tesla shareholders approved a record $1 trillion pay package for the world’s richest man at the company’s meeting in Texas. Investors chanted “Elon!