Tesla’s board has unveiled an unprecedented $1 trillion compensation package for CEO Elon Musk, marking the largest corporate pay deal in history.
The proposal requires Tesla to grow from its current $1.1 trillion valuation to $8.5 trillion over the next decade, an eightfold increase.
The ambitious plan includes delivering 20 million vehicles, launching one million commercial robotaxis, and producing one million humanoid robots by 2035.
If all targets are met, Musk could become the world’s first trillionaire while significantly increasing his voting control in the company.
The package ties compensation entirely to performance milestones, with no salary or cash bonuses.
Tesla’s board argues this massive incentive is necessary to keep Musk focused on the company amid his various political and business interests.
Critics question the enormous scale, though supporters believe it reflects Tesla’s transformation from automaker to AI and robotics powerhouse. Shareholders will vote on the proposal in November 2025.