Overview
- The proposed award would pay out only if stringent goals are met over the next decade.
- The plan ties vesting to Tesla reaching roughly an $8.5 trillion market capitalization, about eight times the current valuation.
- Achieving all milestones would increase Musk’s stake by up to about 12% through new equity grants.
- Operational conditions include cumulative sales of 20 million vehicles, commercial deployment of 1 million robotaxis, and delivery of 1 million AI-enabled humanoid robots.
- Tesla frames the package as a retention measure for Musk, and reporting describes it as the largest compensation proposal for a U.S. company with approval still uncertain.