Zeroes Gone Wild: Tesla Shareholders Green-Light $1 Trillion Payday for Elon Musk (Yes, That’s Trillion with a ‘T’)
In a move that’s sure to be featured in board-room lore and meme banks alike, Tesla, Inc. shareholders gave the thumbs-up to a performance-based compensation package for Elon Musk that could be worth up to $1 trillion—yes, you read that correctly. More than 75 % of the vote backed the plan.
What the deal looks like (in “OK, that’s insane but real” terms)
Musk would receive roughly 423 million additional shares if the company hits ambitious milestones—boosting his stake to about 25 % of Tesla.
The targets are lofty: grow Tesla’s market cap from around $1.5 trillion to $8.5 trillion, deliver 20 million vehicles, deploy 1 million robottaxis, and sell 1 million humanoid robots among other goals.
The full value won’t materialize unless Musk stays at the helm for years and the company truly delivers on its sci-fi-meets-business ambitions.
Why the board said “yes”
The Tesla board basically argued that Musk is indispensable for the company’s next chapter in EVs + AI + robotics. In their letter to shareholders, they claimed his “singular vision” is vital to keep Tesla ahead of the curve.
Why this has critics clutching their calculators:
A massive payout dilutes other shareholders. Norway’s sovereign wealth fund, for example, explicitly voted against the package, citing concerns about dilution and risk.
The sheer magnitude is historic — we’re talking about the largest CEO pay package ever proposed.
Some feel the targets are almost too sci-fi: humanoid robots and robottaxis may still sound like tomorrow’s news rather than today’s bottom line.
A touch of humour (because hey, trillion)
If you stacked $1 trillion in $1 bills, it would reach roughly 67,000 km—that’s halfway to the Moon. Musk could literally buy his own lunar parking lot.
Robottaxis AND humanoid robots? Musk is basically saying: “Sure, we’ll build the cars, then build the bots to drive them, and the bots to sell them, and maybe Uber the whole thing.”
As one critic might quip: “That’s not a paycheck—it’s a small country’s GDP.”
What happens next
Musk must hit the milestones. If he fails, the payout is reduced. So even though the eye-popping figure is $1 trillion, it’s contingent.
Meanwhile, Tesla shareholders—and the wider corporate-governance world—will be watching closely. Did they bet on a visionary CEO, or roll the dice on an epic bet?
Bottom line:
Yes, Tesla shareholders approved a compensation package for Elon Musk that could be worth $1 trillion—but only if Tesla becomes nearly unrecognisable in its current form. Whether this payday turns into historic triumph or cautionary tale remains to be seen. Either way, it’s a headline grabber.
Team: CreditMoneyFinance.com