Tesla Board Offers $1 Trillion To Get Musk To Pay Attention To Business - CleanTechnica

The Tesla board of directors has proposed an unprecedented compensation plan for Elon Musk that could make him the first person to earn $1 trillion from a single company. The plan, detailed in a recent SEC filing, ties Musk’s payout to achieving 12 market capitalization milestones—culminating in a company valuation of $8.5 trillion within ten years—and 12 operational goals, including selling 20 million vehicles and delivering one million Optimus robots. To qualify for the shares, Musk must remain at Tesla in a senior executive role, though he does not have to be CEO, allowing him flexibility to pursue his other ventures such as SpaceX, xAI, Neuralink, and the Boring Company. This compensation package follows controversy over Musk’s previous 2018 deal, which a Delaware judge ruled excessive and harmful to shareholders. Tesla recently amended its bylaws to prevent minority shareholders (those owning less than 3%) from suing over matters like executive pay, effectively limiting challenges to Musk’s compensation. The