Tesla CEO Elon Musk on Thursday won shareholder approval for a pay plan that can cast him to become the world’s first trillionaire. The package could grant Elon Musk, already the richest person in the world, up to USD 1 trillion in stock over the next decade given, he meets certain targets over his tenure as CEO set up by the board.
Musk’s goals include producing 20 million vehicles, deploying 1 million robotaxis, selling 1 million humanoid robots, and reaching USD 400 billion in core profit within the next decade. For each milestone and corresponding valuation increase from USD 2 trillion up to USD 8.5 trillion, Musk will receive 1% of Tesla stock, for a potential total of 12% for 12 such targets. So the plan could still hand Musk tens of billions of dollars even if he falls short o

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