The proposal received more than 75% approval. Musk can earn the $1 trillion in shares over the next 10 years if Tesla hits a number of milestones.

The Tesla CEO says his company is already buying all the chips it can from TSMC and Samsung, but his car and robotics efforts still need even more silicon.

El fondo soberano de Noruega, uno de los mayores inversores de Tesla, expresó que votará en contra de un paquete de compensación que podría pagar al director general Elon Musk hasta 1 billón de dólares en una década.

Elon Musk wants to be anointed the world’s first trillionaire—but he swears it’s not about the money.