Tesla Shareholders met Thursday to vote on a compensation plan for CEO Elon Musk worth $ 1TN. If approved, the package would show the billionaire’s spokespeople’s confidence in leading his car company into an era dominated by artificial intelligence and robotics. If denied, Tesla could face the loss of a leader who once made the company’s name synonymous with electric vehicles.
If Musk delivers the noble milestones of the Pay Package set by Tesla 6 November at the annual meeting, he will become the world’s first trillionaire. To do this, he must guide Tesla to $ 8.5TN in market capitalization, eight times what it is worth today. He also had to deploy millions of automated cars and humanoid robots and keep the company’s bottom line in the hundreds of billions over the next decade.
The main objectives of the compensation plan, divided into 12 branches, set a path for TESLA to reach more market capital. If he takes the company to great financial heights, Musk will be able to cash-in an additional 12% of the company’s stock. To do this, he must enter the company for at least 7.5 years. He must also help develop a long-term succession plan for the company he has led for more than 20 years. The stock options provided in the new compensation plan, on top of the shares guaranteed to him in his 2018 package, will leave a “% ownership of Tesla stock. Until November 5, Tesla’s stock was trading close to its 52-week high, at about $ 450 per share.
Within a decade, Musk must deliver 20 million of Tesla’s electric vehicles to buyers, sell 1 million robotaxis in commercial service.
Musk also needed to bring the company to $400bn in real earnings for four consecutive quarters. Tesla’s actual earnings for the third quarter of 2025 are about $4.2bn, up 9% from the year before.
As of November, Musk’s net worth is $460bn, the highest in the world, according to Bloomberg Billion Index.
Changing a Returned Package
Shareholders are also considering a plan to pay Musk after the 2018 Compensation plan is settled in a Delaware court. The payment plan, amounting to approximately $5656, was challenged by a stockholder who won his case. Conforty’s Delaware Court Rejects Musk’s Double Pay Package. If shareholders approve the plan in Thursday’s vote, Musk is likely to be paid a substantial sum if Tesla and Musk win the case.
After Musk’s 2018 Paycheck 2018 was first revised, he moved Tesla’s corporate home from Delaware to Texas. He followed suit at spacex and other corporate headquarters. In 2024, under Texas law, shareholders once again voted to approve the Pay Package.
But the so-called “Court of Equity in Deleware” once again ruled against one of the greatest CEO Bayadut in modern history. Following the bad rule, Musk took to social media to keep the state of affairs from failing and “REALLY IMPORTANT FRIEND“, It is clear that the suffering of a series of corporate exits that the legislators tried to prevent the legislation.
Considering whether musk had an undue influence on the provision of the 2018 package, Columbia Law School Professor Eric Talley It is noted that the Judge recognized that other “Superstar Ceos” such as Mark Zuckerberg and Amazon’s Jeff Bezos were not given this type of incentive-based contracts.