Tesla's board unveils a groundbreaking pay package for Elon Musk that could make him the first trillionaire if he meets ambitious growth targets. With potential control of 25% of Tesla, the stakes are higher than ever as Musk balances multiple roles.
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.
Tesla's board proposes a staggering pay package for CEO Elon Musk, potentially worth $1 trillion. This move aims to incentivize Musk during a crucial phase for the electric car giant as it strives for ambitious growth targets.