Tesla proposes new pay package for Elon Musk worth up to $1T, tied to growth, AI, and robotics goals.
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Tesla Proposes $1T Pay Package for Elon Musk
Tesla Proposes New Pay Package for Elon Musk Worth Up to $1T Tesla proposes new pay package for Elon Musk worth up to $1T, marking one of the most ambitious compensation plans in corporate history. The EV giant is linking Musk’s earnings to bold growth targets, including expanding Tesla’s valuation and advancing its push into robotics and AI. Image Credits:Jean Catuffe/GC Images / Getty Images A Trillion-Dollar Vision for Tesla’s CEO The proposed 10-year plan could give Musk more than 423 million additional Tesla shares , raising his control to nearly 25%. For the package to unlock, Tesla would need to grow from its current $1 trillion valuation to over $8 trillion —a staggering leap that reflects Musk’s vision of Tesla as more than just a car company. Musk has hinted in the past that he might leave Tesla without greater voting power. This new package seems designed not only to secure his leadership but also to keep him focused on Tesla’s transformation into a robotics and AI powerhouse. Shar…