Elon Musk may famously refuse a salary, but his newly approved compensation plan is anything but modest. Tesla shareholders on Thursday approved CEO Musk’s $1 trillion pay package, easing concerns that he might exit the company if the proposal failed. With more than 75% of shares voting in favour, the approval marks the largest potential corporate payout in history. The package is structured as a massive stock grant. To unlock the full value, Tesla would need to soar to $8.5 trillion market capitalisation, a milestone that would turn the grant into roughly $1 trillion.