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Tesla Proposes $1 Trillion Equity Package to Retain Elon Musk’s Focus
Tesla Proposes $1 Trillion Equity Package to Retain Elon Musk’s Focus
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BTCCSquare news:
Elon Musk's wealth composition has shifted dramatically, with Tesla now accounting for less than half of his $385-$436 billion net worth. A proxy filing reveals SpaceX, xAI, and Neuralink dominate his portfolio, creating tension with Tesla shareholders.
The automaker warns Musk may prioritize his other ventures unless they approve a 423.7 million share grant—a potential $1 trillion incentive to maintain his leadership. This comes as Bloomberg and Forbes diverge on valuation estimates, reflecting uncertainty about Musk's 2018 compensation package.
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