Tesla's board proposed a $900 billion compensation package for Elon Musk over ten years, contingent on achieving ambitious growth targets. This would make him the highest-paid CEO ever and potentially the world's first trillionaire. The proposal includes production goals for Robotaxis and humanoid robots and requires shareholder approval. It aims to incentivize Musk's continued leadership and align his interests with Tesla's success, addressing concerns raised after a previous compensation package was legally challenged. The plan also increases Musk's ownership stake in the company.
Prepared by Christopher Adams and reviewed by editorial team.
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