Elon Musk Secures $1 Trillion Pay Package — Now Tesla, Inc.’s Moonshot Goals Take Centre Stage
In a landmark decision at its annual shareholder meeting, Tesla Inc. secured an overwhelmingly positive vote on a compensation plan for CEO Elon Musk that could be worth up to $1 trillion if the company hits a series of ambitious milestones.
What was approved
Shareholders backed the package with more than 75 % of votes cast in favour. The deal gives Musk a potential 25 % stake in Tesla if all tranches are unlocked.
To fully vest, the company must hit bold performance targets:
- A market capitalisation of at least $8.5 trillion, up from its current ~$1.4 trillion.
- Annual profit reaching $400 billion.
- Delivering 20 million cars per year.
- Selling 1 million robots.
- Operating 1 million robotaxis.
Why it matters
This isn’t just about compensation—it’s a strong signal that Tesla is being backed to transform from an electric-vehicle maker into a broader robotics and AI powerhouse. Shareholder enthusiasm reflects belief in Musk’s strategic vision.
At the same time, the package has raised scrutiny. Some critics point to key-person risk (i.e., Tesla relying heavily on Musk), and the enormous scale of the targets raises questions about feasibility and oversight.
The road ahead
For Tesla to justify the package and meet its obligations, the company must deliver on multiple fronts:
- Scaling production dramatically from today’s levels.
- Diversification beyond car manufacturing into robotics and autonomous ride-services.
- Executing breakthroughs in AI and automation to support robot and robotaxi production.
- Maintaining investor confidence, as missing milestones may weaken the pay structure’s rationale.
In summary
The approval of Elon Musk’s pay plan marks a watershed moment for Tesla. The ambition now shifts to execution: can the company scale to multi-trillion-dollar valuation, revolutionise vehicle delivery, and become a leader in robotics and autonomous mobility? Only time will tell — but the board and owners have placed a bold bet.
