Elon Musk’s $1 trillion package approved, CEO celebrates with a dance — robots join the party

Austin (The Uttam Hindu): Shareholders of electric vehicle maker Tesla have approved a historic and massive pay package for CEO Elon Musk. This package could reach up to $1 trillion. Musk was overjoyed by this news and was seen breakdancing with his company's humanoid robot, "Optimus," at Tesla's annual general meeting in Texas.

Shortly after the new salary package was approved, Elon Musk took the stage and broke out his signature dance moves. Two robots on stage also mimicked his moves.

Musk told the crowd of shareholders, "Other shareholders' meetings are absolutely boring, but ours are explosive. Check it out – it's killer." Pointing to the humanoid beside him, Musk then declared that Tesla was entering a new era not just in cars, but in robotics and AI.

The celebration also symbolizes how deeply Tesla's future is tied to its Optimus robots. According to Musk, these robots will one day not only perform manufacturing tasks but also deliveries and even serve as personal assistants.

According to the report of news agency AFP, a Tesla official told in the company's annual meeting that this salary package for Elon Musk has received the support of more than 75 percent of the shareholders.

This substantial package is designed to ensure that Elon Musk does not leave Tesla and continues to serve as the company's leader. The company doesn't want to lose a leader like Elon Musk, who is advancing key technologies in artificial intelligence and robotics.

The package aims to ensure Musk remains at Tesla for at least seven and a half years. When the package was presented in September, Musk's stake in Tesla was approximately 12 percent, which will now potentially rise to more than 25 percent.