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Elon Musk, already the world's wealthiest person, is to become even wealthier. He is on course to the planet's first dollar trillionaire. This because of a new remuneration package by Tesla shareholders at the company's annual general meeting (AGM) on Thursday. Seventy-five per cent of shareholder votes a stratospheric pay deal of around $1 trillion. A trillion is a thousand billion. The compensation of up to 423.7 million shares of Tesla stock over the next 10 years. This would that Mr Musk's stake in Tesla from about 13 per cent to almost 29 per cent. This on Musk Tesla's market value to $8.5 trillion.

Tesla shareholders were to back the deal to stop Mr Musk from potentially away from Tesla. The Tesla board of a "possibility that he may other interests should [the deal] be ". It added that Musk was needed "to goals that others will as impossible, but that we know are possible for Tesla". Industry analyst Dan Ives . He wrote: "Tesla needs Musk to take it into the autonomous driving, robotic future." Mr Musk hopes to the company forward by shifting focus from electric vehicles. He plans to to selling self-driving cars, a fleet of "Cybercab" robotaxis, and a legion of "Optimus" humanoid bi-pedal autonomous robots.