1,000 Billion Dollars for Elon Musk: 75% of Tesla Shareholders Approve Record Compensation Plan
Elon Musk stands to receive 423.7 million Tesla shares—worth approximately $1 trillion—if the company meets ambitious performance targets. The compensation plan, approved by 75% of shareholders, ties Musk's payout to Tesla's market capitalization growth, sales targets, and advancements in robotaxis and humanoid robots.
Critics question governance and public image implications, but Musk's focus has shifted decisively toward artificial intelligence. Electric vehicles now occupy a secondary role in Tesla's strategic vision. The deal cements Musk's unparalleled influence across his tech empire, spanning SpaceX, xAI, and Starlink.