Elon Musk’s Record-Breaking $1 Trillion Compensation Package from Tesla

Tesla’s board has proposed an unprecedented compensation package for CEO Elon Musk, worth up to $1 trillion. This makes it the largest executive pay proposal in corporate history.

The 10-year plan requires Tesla to achieve extraordinary milestones. These include growing its market value from the current $1.1 trillion to at least $8.5 trillion by 2035.

  • The package includes operational targets such as:
    • 20 million vehicles delivered
    • 10 million active Full Self-Driving subscriptions
    • 1 million robots delivered

If approved by shareholders at Tesla’s November meeting, the deal would grant Musk an additional 423.7 million shares. This could potentially increase his stake to 25%.

The proposal comes as Tesla faces a multi-quarter sales slump. Meanwhile, Musk’s attention remains divided across his various ventures. These include SpaceX, xAI, and his political activities.

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