How much is Elon Musk paid?
Asked 2 hours ago
Answer
Elon Musk's compensation package, recently approved by Tesla shareholders, could be worth up to $1 trillion in stock if he meets ambitious milestones, including raising Tesla's market value to $8.5 trillion within ten years. The package is structured in tranches and is not immediate; Musk must achieve targets such as large-scale deployment of robotaxis and humanoid robots. Over 75% of shareholders voted in favor, securing Musk's position as CEO.
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Tesla approves $1 trillion pay deal for CEO Elon Musk
DW News · Just In
DW News
Just In
- Tesla shareholders approved a deal granting Elon Musk up to $1 trillion in stock if he grows the company's value to $8.5 trillion within ten years. 5s
- Musk promoted ambitious plans for Tesla, including robots and self-driving cars, to energize shareholders. 26s
- If Musk achieves the required milestones, he could become the world's first trillionaire, with the payout surpassing Switzerland's GDP. 53s
- Musk's influence extends beyond Tesla, including advising the White House and impacting government spending. 1m 11s
- Despite concerns about billionaire influence in politics, most Tesla shareholders remain confident in Musk's leadership. 1m 54s
