Moments after the vote, Musk took the stage, danced briefly, and declared, “We are not just starting a new chapter for Tesla’s future, but a whole new book.” He later added that his long-term vision involves creating a “robot army” that he claims will “help reduce poverty” by driving productivity and lowering costs across industries.
The package ties Musk’s compensation to 12 key performance targets, including Tesla reaching a $2 trillion market valuation, delivering 20 million cars within a decade, tripling operating profits, and deploying 1 million autonomous robotic taxis. If achieved, these milestones could make Musk the world’s first trillionaire within ten years.
Company insiders said Musk’s payout will scale with each goal met. Even partial success—such as doubling car deliveries or significantly raising profits—could earn him up to $50 billion (₹4 lakh crore) in Tesla stock.
Tesla shares rose 1.8%following the announcement, extending a 14% year-to-date gain. The company’s market capitalization now stands at approximately $1.4 trillion, with shares trading near $446.
The billionaire entrepreneur, already worth over $500 billion, has built his empire through ventures like SpaceX, Neuralink, and Tesla, while advocating for rapid automation and AI integration. Critics warn of excessive executive pay and potential overreliance on automation, but Musk insists his ambitions are aligned with “creating a more equitable and sustainable future.”
