Tesla Proposes Record-Breaking $1 Trillion Compensation Package to Retain Elon Musk as CEO
Tesla’s board has proposed a groundbreaking $1 trillion compensation package for CEO Elon Musk, potentially setting him on the path to becoming the world’s first trillionaire.
The 10-year plan would grant Musk an additional 423.7 million shares if the company achieves a series of ambitious targets. These include:
- Growing Tesla’s market cap from $1.1 trillion to $8.5 trillion by 2035
- Delivering 20 million vehicles
- Launching 1 million robotaxis into commercial operation
- Achieving $400 billion in adjusted EBITDA
Tesla Chair Robyn Denholm stated that the plan aims to “retain and incentivize Elon” through a “critical inflection point” as the company transitions from focusing primarily on electric vehicles to exploring the realms of robotics and AI.
This proposal follows after Musk’s previous $56 billion pay package was rejected twice by a Delaware judge in 2024. Tesla shareholders are set to vote on the new compensation scheme on November 6, 2025.
Source: CNN Business