Tesla unveils a compensation plan for Elon Musk potentially worth $1tn, with performance targets like growing the robotaxi sector and raising market cap to $8.5tn. Musk could own 25% of Tesla. The plan aims to keep Musk focused on Tesla’s growth in robotics and AI, with a shareholder vote on Nov 6, 2025.

The new CEO award for Musk is valued at $87.8bn, with the potential to reach $1tn if all performance criteria are met. Musk must also contribute to developing a long-term CEO succession plan to qualify for the last two segments of the award. The goal is to make Tesla the most valuable company in history.

The board is exploring alternative compensation methods for Musk, including an interim stock award of around $30bn. Musk must stay with Tesla as CEO or an executive to qualify for the shares, tied to market cap and operational targets like delivering 1 million Optimus robots and 20 million Tesla vehicles. Musk’s political engagements and outside activities are under scrutiny.

Read more at Yahoo Finance: Tesla proposes $1tn compensation package for Elon Musk