Wednesday, August 12, 2026
28.9 C
New Delhi

From $400 Billion To $1.3 Trillion? Tesla Plan Could Make Elon Musk World’s First Trillionaire

Curated By :

Last Updated:

Tesla’s board proposed a record-breaking share-based pay plan for Elon Musk, aiming for $8.5 trillion market value and AI milestones.

font

A file photo of Elon Musk (AP)

A file photo of Elon Musk (AP)

Tesla’s board proposed a record-breaking compensation plan for CEO Elon Musk that could make him the world’s first trillionaire- if he achieves a series of ambitious performance goals. The package is composed entirely of Tesla shares and will go to a shareholder vote on November 6, according to a securities filing. Tesla said the plan is linked to Elon Musk’s ability to transform the company from an electric vehicle manufacturer into a technology and AI-driven powerhouse, with milestones in autonomous systems, robotics and artificial intelligence products, The New York Times reported.

What Are Elon Musk’s Performance Targets?

Recommended Stories

To unlock the full payout, Elon Musk would need to boost Tesla’s market value nearly eightfold- from its current $1.1 trillion to $8.5 trillion over the next decade. That would nearly double the market capitalization of Nvidia, the world’s most valuable company.

If successful, the deal could add close to $900 billion to Elon Musk’s current fortune of more than $400 billion, cementing the largest executive pay package in corporate history.

As CNN reported, Tesla’s proxy statement also included a shareholder proposal for the company to take a stake in xAI, Elon Musk’s privately held artificial intelligence venture. Such a move would expand Tesla’s AI ambitions while deepening Elon Musk’s control across his business empire, which already includes SpaceX, Neuralink, and X (formerly Twitter).

Earlier this year, Tesla had granted Elon Musk an interim award worth $29 billion in restricted stock, designed to secure his leadership through at least 2030 as the company accelerates its AI-first strategy.

News world From $400 Billion To $1.3 Trillion? Tesla Plan Could Make Elon Musk World’s First Trillionaire
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Loading comments…

Read More

Go to Source

Hot this week

States ignore Supreme Court, differ on NEET-PG seat norms

I a ep ese tatio to PMO i July, a pa e t sought u ifo m impleme tatio of the SC judgeme t NEW DELHI: Mo e tha a yea afte Sup eme Cou t uled that eside ce o domicile ca ot be the basis fo postg aduate medical admissio s u de the Read More

HC to Centre: Give extra security to Pappu Yadav

The Ce t e’s cou sel said that while “adequate secu ity” has al eady bee p ovided, his equest will be decided withi th ee weeks. Read More

Google: Rathee’s YouTube clip ‘defamatory’, blocked in India

The petitio e said o July 15, the committee di ected Google to take dow the video withi 24 hou s, but the platfo m failed to do so. Read More

Tiny plastic pan masala sachets may soon be history

Pa masala may ow o ly be packaged i pape , pape boa d, cellulose, o othe atu ally de ived mate ials (Photo: Age cies). NEW DELHI: The ti y plastic sachet that has become sy o ymous with pa masala may fi ally be o its way out. Read More

Air India Phuket flight probe: Marijuana’s legal availability adds to worries of airlines

U like simple b eath a alyse tests fo checki g if the c ew is tipsy, the p ocess of detecti g co sumptio of psychoactive substa ces is difficult The legal availability of ma ijua a fo eithe medici al o ec eatio al use i places like Read More

Topics

States ignore Supreme Court, differ on NEET-PG seat norms

I a ep ese tatio to PMO i July, a pa e t sought u ifo m impleme tatio of the SC judgeme t NEW DELHI: Mo e tha a yea afte Sup eme Cou t uled that eside ce o domicile ca ot be the basis fo postg aduate medical admissio s u de the Read More

HC to Centre: Give extra security to Pappu Yadav

The Ce t e’s cou sel said that while “adequate secu ity” has al eady bee p ovided, his equest will be decided withi th ee weeks. Read More

Google: Rathee’s YouTube clip ‘defamatory’, blocked in India

The petitio e said o July 15, the committee di ected Google to take dow the video withi 24 hou s, but the platfo m failed to do so. Read More

Tiny plastic pan masala sachets may soon be history

Pa masala may ow o ly be packaged i pape , pape boa d, cellulose, o othe atu ally de ived mate ials (Photo: Age cies). NEW DELHI: The ti y plastic sachet that has become sy o ymous with pa masala may fi ally be o its way out. Read More

Air India Phuket flight probe: Marijuana’s legal availability adds to worries of airlines

U like simple b eath a alyse tests fo checki g if the c ew is tipsy, the p ocess of detecti g co sumptio of psychoactive substa ces is difficult The legal availability of ma ijua a fo eithe medici al o ec eatio al use i places like Read More

Hrithik agrees audiences are OBSESSED with stars than cinema

H ithik Rosha backs filmmake ‘s take o audie ce obsessio with sta dom ove ci ema: ‘Somehow we have ‘t g ow up’ Filmmake P atim D Gupta ece tly sha ed a lo g ote o I stag am, poi ti g out how Vijay Sethupat Read More

‘DC’ BO day 5: Anirudh’s music boosts Lokesh Kanagaraj’s film

‘DC’ box office collectio s day 5_ A i udh Ravicha de ‘s music boosts Lokesh Ka aga aj’s film. A u Matheswa a ‘s ‘DC’ mai tai ed a steady pace at the box office o its fifth day. Read More

Lucy Davis says she has an incurable form of cancer

‘The Office’ sta Lucy Davis eveals that she has stage 4 b east ca ce a d that it is te mi al. Read More

Related Articles