While the term 'millionaire' is commonly heard, the world’s first 'trillionaire' could very well emerge within the next decade! And this individual is likely to be Elon Musk!
The exorbitant compensation package is not a standard salary but rather a 'challenge-based game.' It requires achieving both market capitalization and operational targets before Musk can receive shares in installments. He must lead $Tesla (TSLA.US)$ Tesla's market capitalization to surge to $8.5 trillion (currently around $1.5 trillion) and achievefour extraordinarily ambitious goals likened to lunar missions: selling 20 million cars annually, securing 10 million Full Self-Driving (FSD) subscribers, deploying 1 million Robotaxis, and manufacturing 1 million Optimus robots. Failure to meet even one of these goals means receiving nothing.
However, why would someone who is already the world’s richest person push themselves to such extremes? The answer is simple: control. Musk currently holds approximately 13% of Tesla’s shares, but if all goals are achieved, his stake could increase to 25%—which, for a major company, represents absolute authority!
Why is he so focused on power? Musk was once a co-founder of OpenAI but later departed due to differing philosophies. This compensation plan essentially reflects Musk’s intention to secure control over Tesla’s AI initiatives.He aims to ensure that, over the next decade, Tesla’s AI, robotics, and autonomous driving technologies strictly follow his vision!Moreover, Musk has explicitly stated that if the proposal is not approved, he will leave Tesla. Imagine what would happen to Tesla’s stock price without Musk. Thus, to some extent, shareholders are compelled to support the plan...