Tesla Proposes $1 Trillion Pay Package for Elon Musk Amid Ambitious Growth Targets
Tesla shareholders are voting on a compensation plan that could grant CEO Elon Musk up to 425 million shares if the company achieves unprecedented financial and operational milestones. The package, tied to Tesla reaching an $8.5 trillion market cap and $400 billion in annual EBITDA, reflects a high-stakes bet on Musk's leadership and the EV maker's growth trajectory.
The proposed award underscores Tesla's aggressive targets: 20 million vehicle deliveries annually and 10 million Full Self-Driving subscriptions. With Tesla currently valued at $1.4 trillion, the plan assumes a 20% annual stock appreciation over the next decade—a projection that WOULD rewrite corporate compensation history.