Elon Musk just secured one of the biggest pay packages in corporate history — a deal that could be worth nearly $1 trillion. Yes, trillion with a “T.”
At Tesla’s annual meeting in Austin, shareholders erupted in applause.
75% voted in favor of Musk’s record-breaking compensation plan.
The agreement rewards him only if he hits a series of jaw-dropping milestones.
These include delivering 20 million cars, launching a million robotaxis, and pushing Tesla’s market value to $8.5 trillion.Until then? No salary.
Musk, never one to skip the theatrics, danced on stage to chants of his name.
“Other shareholder meetings are snoozefests, but ours are bangers,” he quipped.
Debate Over Musk’s Pay Deal
The move has drawn mixed reactions. Tesla’s board says it’s essential to keep Musk from walking away.
Critics, however, argue it’s excessive and risky — especially as Tesla faces slumping sales and growing competition.
Still, analysts like Dan Ives of Wedbush Securities call Musk “Tesla’s biggest asset.”
They predict that his AI ambitions could unlock the company’s next big leap.
Others, like investor Ross Gerber, warn Musk’s “polarizing persona” has damaged the brand.
But if history is any guide, Musk tends to defy odds — and expectations.
As one analyst put it, “He’s not just chasing profit — he’s chasing the future.”
