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Tesla Proposes Compensation Plan For Musk That Could Be Worth As Much As $1 Trillion
Forbes· 2025-09-05 19:40
The pay package sets Musk an ambitious goal of raising Tesla's market cap to $8.5 trillion by 2035.Tesla outlined a new compensation package for its CEO, Elon Musk, on Friday, which could be worth around $1 trillion if the company meets certain ambitious goals over the next decade, in a move that comes a month after the company’s board approved a stock award for him worth around $29 billion.The company outlined the plan in an SEC filing, which could see the billionaire gain an additional 12% stake in the el ...