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Tesla board proposes $1 trillion pay package for Elon Musk

Tesla's board approved a massive compensation package for Elon Musk, potentially making him the world's first trillionaire. The decade-long plan grants Musk 12% of Tesla's stock if he meets aggressive growth targets, including an $8.5 trillion market cap by 2035. The package, totaling potentially trillions, aims to retain Musk and incentivize Tesla's transformation into an AI and robotics leader. However, analysts express concerns about corporate governance and the disproportionate rewards for a few shareholders.

Prepared by Christopher Adams and reviewed by editorial team.

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