In a move that has economists spontaneously fainting and billionaires everywhere reconsidering their life choices, Tesla shareholders approved a pay package for CEO Elon Musk that could reach a staggering $1 trillion (£760bn). The vote, held at the company’s annual general meeting on Thursday, passed with 75% of shareholders enthusiastically nodding, or perhaps just blinking in disbelief.
The package, reportedly tied to a dizzying array of performance metrics, is less a compensation plan and more a financial Everest. “We just wanted to make sure Elon feels adequately compensated for, you know, running a car company, launching rockets, and occasionally tweeting the world into chaos,” one shareholder explained, while checking their dwindling portfolio balance.
Analysts predict Musk could soon be the first human whose net worth exceeds the GDP of several small countries combined, a milestone he celebrated by ordering a gold-plated flamethrower for his cat.