Tesla Board proposes new Tesla pay plan for Elon Musk that could make him the world’s first trillionaire; but conditions apply

Elon Musk could achieve something no one has before: becoming the world’s first trillionaire. However, this feat hinges on his ability to fulfill a series of corporate goals outlined in a new compensation plan proposed by Tesla’s board, a report has said. Valued at nearly a trillion dollars, the package is tied to these commitments, and it must be approved by the company’s shareholders.

Tesla board’s Trillion-dollar bet on company future
To earn the full amount, Musk must meet certain targets, which includes increasing Tesla’s stock market value eightfold over the next decade, from its current value of around $1.1 trillion to a staggering $8.5 trillion, a report by The New York Times said.