Tesla Shareholders Back Musk’s Trillion-Dollar Compensation Gamble

Tesla investors have overwhelmingly endorsed what could become the most substantial corporate compensation package in history, granting CEO Elon Musk the potential to earn over a trillion dollars if he achieves unprecedented growth targets. During Thursday’s annual meeting in Austin, Texas, shareholders approved the ambitious incentive plan with more than 75% support, effectively tying Musk’s financial rewards to increasing Tesla’s market capitalization from its current $1.5 trillion to a staggering $8.5 trillion.

The compensation package establishes a series of exceptionally demanding operational milestones that Musk must reach over the coming decade. These include delivering 20 million vehicles, deploying one million robotaxis on public roads, and selling one million humanoid “Optimus” robots. During the Read more...