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During the company's annual shareholder meeting, Tesla shareholders approved Elon Musk's staggering $1 trillion pay package. Over 75% of shares voted for the plan, excluding Musk's 15% ownership, amid cheers from the crowd. The package, in stock grants, solidifies Musk's standing as Tesla builds towards ambitious growth targets.

 

Tesla must reach an $8.5 trillion market cap for Musk to access the full payout of 423.7 million shares over the next decade. This audacious target demands the stock price surge by 466%, making Musk potentially the world’s first trillionaire. The shares hinge on Tesla meeting specific operational and financial benchmarks, unlocked in 12 segments.

 

Should Musk secure the entire package, it equates to an unprecedented $275 million a day, dwarfing previous executive pay deals. Currently, Musk's wealth, primarily from Tesla, SpaceX, and xAI, is estimated at $473 billion. Last week's vote hinted that rejecting the package might have led him to exit as CEO, a move opposed by Tesla’s board, who exhibited concerns over such an outcome, reported CNN.

 

As Tesla veers towards AI and robotics, Musk downplayed challenges faced, such as declining sales and reduced support for electric vehicles in the US. Instead, the focus shifts to future innovations like self-driving cars, robotaxis, and humanoid robots. Musk touted these robots as potential game changers, predicting they might outshine the smartphone industry and radically alter global economic frameworks.

 

Despite enthusiasm for these groundbreaking concepts, Tesla's futuristic dreams are yet to materialise commercially. Even with the approval of the pay package, Musk's path to realising his grand plans remains uncertain, as it depends on overcoming current challenges and fulfilling bold promises. Musk emphasises that the shares are more about retaining influence at Tesla than amassing personal wealth.

 

Key Takeaways

 

• Elon Musk's new pay package could make him the first trillionaire.
• The shares hinge on Tesla achieving an $8.5 trillion market valuation.
• Musk aims to revolutionise industries with AI and robots, surpassing current offerings.

 

  Adapted by ASEAN Now from CNN 2025-11-07

 

 

Considering that Tesla isn't doing that well these days, this seems ridiculous! 

 

Also, I think it's safe to say that we already have trillionaires in the Middle East with all that oil they've been selling for I don't know how many decades...

According to Internet.

No Salary: Musk receives no salary, cash bonuses, or guaranteed equity that vests merely by the passage of time. His compensation is 100% "at-risk." 

 

The "Moonshot Goals" seem pretty ambitious.

Potential to receive a 12% stock increase if all are hit.  

 

When I read it, if he hits all 12 the Stock Holders would be rewarded immensely over 10 years and is why they probably voted for it.  The Moon Shot targets, 2 trillion market cap, robots, robo taxis, profit targets, operational targets and vehicle delivery targets.

 

I'm guessing they are all betting that Elon has much more to create which would generate great value to shareholders 

Where are all the libs laughing at musk for losing money protecting freedom of speech by buying x 

 

now he’s even richer

 

in Musk we trust 

On 11/9/2025 at 8:35 AM, J Branche said:

According to Internet.

No Salary: Musk receives no salary, cash bonuses, or guaranteed equity that vests merely by the passage of time. His compensation is 100% "at-risk." 

 

The "Moonshot Goals" seem pretty ambitious.

Potential to receive a 12% stock increase if all are hit.  

 

When I read it, if he hits all 12 the Stock Holders would be rewarded immensely over 10 years and is why they probably voted for it.  The Moon Shot targets, 2 trillion market cap, robots, robo taxis, profit targets, operational targets and vehicle delivery targets.

 

I'm guessing they are all betting that Elon has much more to create which would generate great value to shareholders 

The reason he doesn’t take a salary is so he won’t have to pay income tax because the tax will only be due, if he actually sells his shares. 
 

Hypocrisy at its best. First, while he was still riding Trump’s d.ck, he b.tched and complained about how all those government agencies bleed dry the country, but then of course he won’t pay his income taxes either by using a legal loop hole.
 

18 hours ago, EastBayRay said:

Where are all the libs laughing at musk for losing money protecting freedom of speech by buying x 

 

now he’s even richer

 

in Musk we trust 

what does he do for you?

1 hour ago, FritsSikkink said:

what does he do for you?

 

Well, if Tesla makes money, shareholders make money.

 

Anyone here own the S&P500? Pretty common investment.