Tesla shareholders have approved what could become the largest compensation package in corporate history, a potential $1 trillion payout for CEO Elon Musk over the next decade. The record-breaking plan links Musk’s rewards to a set of highly ambitious performance targets that would push Tesla far beyond its current scale.
Under the new plan, Musk’s earnings are tied to milestones in vehicle production, market valuation, and technological innovation, all designed to keep him at the helm as Tesla pursues its next phase of global expansion.
Tesla: Ambitious Goals Behind the Trillion-Dollar Plan
To unlock the full value of the package, Tesla must achieve several near-impossible feats. Chief among them is producing 20 million vehicles within 10 years, a figure more than double the total number of cars the company has ever manufactured. The automaker will also need to record massive gains in market capitalization and operating profits across the same period.
A crucial component of the package involves deploying one million AI-powered humanoid robots, a target that signals Tesla’s growing ambitions beyond electric vehicles. Although the company has yet to commercialize any of these robots, their development is seen as key to Musk’s long-term vision of blending artificial intelligence with everyday life.
The plan also mandates Musk to establish a clear succession strategy, identifying who could eventually succeed him as chief executive, a move likely aimed at easing investor concerns about Tesla’s dependence on its founder.
Read also: Elon Musk Halfway To Becoming World’s First Trillionaire
Musk’s Fortune and Tesla’s Future
If Tesla achieves every milestone, Musk’s ownership stake could rise from 13% to nearly 29%, giving him an even stronger hold over the company he co-founded. Even if some goals are missed, the world’s richest man, currently valued by Forbes at $493 billion, stands to gain significantly.
The package dwarfs any executive compensation plan in modern business history and cements Musk’s reputation as both a visionary and a lightning rod for controversy. Critics argue the targets are excessively optimistic, while supporters see them as a bold incentive that could drive Tesla’s next decade of innovation.
Despite his immense wealth, Musk remains below the inflation-adjusted fortune of oil magnate John D. Rockefeller, who was worth an estimated $630 billion in 1913. But if Tesla’s trillion-dollar bet pays off, Musk could soon surpass even that century-old benchmark, marking a new era not just for the company, but for corporate capitalism itself.
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