trillion dollar pay package
How Elon Musk's $1 Trillion Tesla Compensation Package Works: Breaking Down the Ambitious Growth Targets
Nov 07, 2025 05:34 pm CST
Tesla shareholders have approved a groundbreaking compensation package that could make Elon Musk the world's first trillionaire. The performance-based plan awards Musk up to 423.7 million additional Tesla shares if he achieves ambitious targets including growing Tesla's market value to $8.5 trillion, delivering 20 million vehicles, and reaching $400 billion in annual adjusted EBITDA over the next decade.
Tesla Shareholders Approve Elon Musk's $1 Trillion Pay Package to Secure AI and Robotics Future
Nov 07, 2025 11:38 am CST
Tesla shareholders have overwhelmingly approved a $1 trillion compensation package for CEO Elon Musk, designed to retain his leadership as the company pursues advancements in AI and robotics. The package would increase Musk's ownership stake from 12% to potentially over 25%, requiring him to meet 12 market capitalization milestones starting at $2 trillion. Despite criticism from advisory firms and activist groups, over 75% of shareholders supported the plan to secure Musk's continued involvement in Tesla's ambitious future.