New Delhi, Nov. 7 -- Tesla shareholders have voted to approve the biggest CEO pay package in corporate history, a deal that could make CEO Elon Musk the world's first trillionaire. Valued at up to $1 trillion over 10 years, the package hinges on Tesla meeting a series of ambitious performance targets, including selling one million humanoid robots, the company announced on Thursday.

If Elon Musk hits all the milestones, he stands to gain more than $500 billion, boosting his current net worth of $461 billion, according to the Bloomberg Billionaires Index.

Despite Tesla's brand taking a hit among left-leaning consumers due to Elon Musk's political affiliations and his role in the Trump administration's Department of Government Efficiency (...