Tesla shares fell over 3%, costing CEO Elon Musk $10 billion as the automaker approved a controversial compensation plan that could net him $1 trillion in a decade.
Tesla’s board has unveiled a staggering new compensation plan for Elon Musk, potentially worth $1 trillion by 2035. But with current production challenges, can he deliver the ambitious targets?
Tesla's board has proposed a groundbreaking compensation plan for Elon Musk that could elevate his wealth to over $1 trillion. The plan hinges on ambitious benchmarks, including the launch of one million Robotaxis and humanoid robots over the next decade. Shareholder approval is required for this unprecedented package, which aims to keep Musk focused on Tesla's growth.