Tesla’s shareholders approved a pay-package for CEO Elon Musk potentially worth up to $1 trillion, contingent on achieving aggressive performance targets—such as reaching an $8.5 trillion market-cap, deploying millions of autonomous vehicles and humanoid robots.
The vote came with over 75% of shareholders in favour, signalling strong faith in Musk’s vision of transforming Tesla from an EV maker into a robotics/AI juggernaut—despite recent challenges in vehicle sales and regulatory scrutiny.
Why it matters
This compensation plan places a massive wager on Tesla’s future beyond electric vehicles, anchoring value in robotics, AI and autonomous systems. The magnitude of the package also raises questions about executive power, corporate governance and how investors value non-traditional growth bets.