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Tesla Proposes 10-Year Performance-Tied $1 Trillion Pay Package for Elon Musk

A shareholder vote is scheduled for November 6 to keep him engaged at the company.

Overview

  • Tesla outlined a decade-long compensation plan that could grant Musk up to $1 trillion if tough financial and operational targets are achieved.
  • The awards hinge on Tesla reaching an $8.5 trillion market capitalization within 10 years, about eight times the company’s current valuation.
  • Operational milestones include cumulative sales of 20 million vehicles, commercial launch of 1 million robo-taxis, and delivery of 1 million AI-enabled humanoid robots.
  • If the conditions are met, Musk’s stake could rise by up to about 12%, driving the plan’s potential value above $1 trillion.
  • Details were disclosed in filings and reported on September 5–6, with Japanese outlets citing the Wall Street Journal and Kyodo as key sources.