From the Daily Caller News Foundation

By Mariane Angela

Tesla shareholders voted Thursday to approve an enormous compensation package that could make Elon Musk the world’s first trillionaire.

At Tesla’s Austin headquarters, investors backed Musk’s 12-step plan that ties his potential trillion-dollar payout to a series of aggressive financial and operational milestones, including raising the company’s valuation from roughly $1.4 trillion to $8.5 trillion and selling one million humanoid robots within a decade. Musk hailed the outcome as a turning point for Tesla’s future.

“What we’re about to embark upon is not merely a new chapter of the future of Tesla but a whole new book,” Musk said, as The New York Times reported.

The decision cements investor confidence in Musk’s “moonshot” management style and reinforces the belief that Tesla’s success depends heavily on its founder and his leadership.

Tesla Annual meeting starting now
https://t.co/j1KHf3k6ch

— Elon Musk (@elonmusk) November 6, 2025

“Those who claim the plan is ‘too large’ ignore the scale of ambition that has historically defined Tesla’s trajectory,” the Florida State Board of Administration said in a securities filing describing why it voted for Mr. Musk’s pay plan. “A company that went from near bankruptcy to global leadership in E.V.s and clean energy under similar frameworks has earned the right to use incentive models that reward moonshot performance.”

Investors like Ark Invest CEO Cathie Wood defended Tesla’s decision, saying the plan aligns shareholder rewards with company performance.

“I do not understand why investors are voting against Elon’s pay package when they and their clients would benefit enormously if he and his incredible team meet such high goals,” Wood wrote on X.

Norway’s sovereign wealth fund, Norges Bank Investment Management — one of Tesla’s largest shareholders — broke ranks, however, and voted against the pay plan, saying that the package was excessive.

“While we appreciate the significant value created under Mr. Musk’s visionary role, we are concerned about the total size of the award, dilution, and lack of mitigation of key person risk,” the firm said.

The vote comes months after Musk wrapped up his short-lived government role under President Donald Trump. In February, Musk and his Department of Government Efficiency (DOGE) team sparked a firestorm when they announced plans to eliminate the U.S. Agency for International Development, drawing backlash from Democrats and prompting protests targeting Musk and his companies, including Tesla.

Back in May, Musk announced that his “scheduled time” leading DOGE had ended.

MxM News

Kazakhstan is officially joining the Abraham Accords, becoming the first nation to do so during President Trump’s second term — and signaling a renewed push for peace and stability across the Middle East and Central Asia. Trump made the announcement Thursday on Truth Social, writing, “I just held a great call between Prime Minister Benjamin Netanyahu, of Israel, and President Kassym-Jomart Tokayev, of Kazakhstan. Kazakhstan is the first Country of my Second Term to join the Abraham Accords, the first of many.” He continued, “This is a major step forward in building bridges across the World. Today, more Nations are lining up to embrace Peace and Prosperity through my Abraham Accords. We will soon announce a Signing Ceremony to make it official, and there are many more Countries trying to join this club of STRENGTH. So much more to come in uniting Countries for Stability and Growth — Real progress, real results. BLESSED ARE THE PEACEMAKERS!”

Secretary of State Marco Rubio echoed the announcement, calling Trump “the world’s ultimate negotiator.” Rubio said in a post that “the American people have the ultimate advocate and champion for peace in @realDonaldTrump,” adding that Kazakhstan’s entry “builds on President Trump’s unmatched record of delivering results.” The move represents a significant diplomatic step for Kazakhstan, a Muslim-majority nation that has long sought to balance relations between Russia, China, and the West while maintaining economic ties with Israel and the United States.

According to senior adviser Steve Witkoff, the agreement could be just the start of another wave of normalization. Witkoff told Breitbart News there is “big energy” behind four to six additional countries joining “in the next couple of months,” pointing to Lebanon, Syria, Libya, Armenia, and Azerbaijan as likely candidates. Former Arkansas Governor and U.S. Ambassador to Israel Mike Huckabee similarly suggested during a Breitbart Founders Club Roundtable that Saudi Arabia remains the most consequential prospective addition. Huckabee highlighted the United Arab Emirates’ economic transformation since joining the Accords as an example of the tangible benefits for participating nations.

Rubio has also met with Syrian interim President Ahmed al-Sharaa, who expressed interest in lifting sanctions to attract foreign investment. While al-Sharaa acknowledged that joining the Abraham Accords may not yet be realistic for Syria given tensions with Israel, he signaled openness to long-term normalization under the right conditions.

Trump, who returned to office in January, vowed throughout his campaign and transition to expand the Abraham Accords beyond their original signatories — Israel, the UAE, Bahrain, Morocco, and Sudan — and hinted earlier this year at progress with Saudi Arabia. “They’ll join in their own time,” he told business leaders at the 2025 Saudi-U.S. Investment Forum. Saudi Crown Prince Mohammed bin Salman is scheduled to visit Washington on November 18, while al-Sharaa is expected to arrive next week for meetings at the White House.

The original Abraham Accords, signed in September 2020, reshaped diplomatic relations in the Middle East under Trump’s first term. With Kazakhstan now on board and more nations signaling interest, Trump’s second-term foreign policy is again centering on a message of peace through strength — and a vision of an American-led era of regional cooperation grounded in security, prosperity, and faith.