This is September 2025 and things look very sharp. Of course, the U.S. job market has With a nose. Yes, only One in four Americans believe They have great opportunities to improve their living standards. But hey, Tesla’s board of directors has Suggested A compensation plan that can make Elon Musk the world’s No. 1 millionaire. What really matters Someone Have fun, right?
Tesla Board of Directors Layout So far, it was the largest CEO compensation program in history on Friday. It reads like the end hanging carrot Wealth and Power It also happens easily Distraction.
Compensation plans are based on performance metrics, which at least seem far-fetched for the moment. First, Tesla leaders must remain in the company for seven and a half years to cash in any stock. To get all payments, he has to stay for a full ten years. Musk too Run a rocket company And one AI company (can also run Former Twitter, also known as X). So, most importantly, the proposal aims to keep his attention on the company that makes him the wealthiest person in the world.
In order to get Musk’s full spending of about $900 billion, Musk will have to increase Tesla’s market value to $8.5 trillion. It is worth about $1.1 trillion today. Other performance requirements include deploying one million Tesla robot and one million Artificial Intelligence Robot. Musk will also inspire to participate in the company’s long-term CEO succession program. The package also includes structural protection to minimize stock price volatility, which the company is already familiar with in 2025.
Tesla recalled almost all of the Seberacs earlier this year.
(Tesla)
“We believe Elon’s bizarre vision is crucial to browsing this critical turning point,” Tesla’s board leaders Robyn Denholm and Kathleen Wilson-Thompson wrote in a shareholder letter. “We also recognize the strong nature of this cause, so it’s important to have a leader not only willing and capable, but also eager to meet this challenge. Simply put, retaining and inspiring Elon is crucial for Tesla to achieve these goals and become the most valuable company in history.”
Denholm and Wilson-Thompson hint that the plan was at least part of the motivation for the CEO to threaten to jump ship. “Mr. Musk also raised the possibility that he might pursue other interests, and if he did not receive such assurance, he could have a greater impact on him,” they wrote. “Ultimately, the Special Committee believes that this is crucial for Tesla to ensure Mr. Musk’s commitment and focus on leading Tesla.”
Tesla shareholders will have to approve payment packages. They are expected to vote on this on November 6. Delaware judge knock down A (similar performance-based) 2018 set mealTesla appealed. If the appeal fails, the new plan will replace the older plan.
If Musk meets all the necessary benchmarks, his stake in Tesla will grow from 13% to 29%. Who says the American Dream is not active?
