Key Takeaways Tesla shareholders yesterday approved a pay package for CEO Elon Musk that could be worth $1 trillion if the company and its stock hit certain goals.One of the pay plan's performance targets is to expand Tesla's stock market valuation to $8.

Elon Musk has won approval from Tesla shareholders for the largest corporate pay package in history, worth a potential $1trn (£761bn) if he hits a series of ambitious goals over the next decade.

The vote, analysts have said, is a positive for Tesla's stock, whose valuation hangs on Musk's vision of making vehicles drive themselves, expanding robotaxis across the U.S. and selling humanoid rob...