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Originally published by Capital Business
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business
September 6, 2025
3h ago

Tesla proposes $1tn award for Musk if he hits targets

Tesla proposes $1tn award for Musk if he hits targets

SEPT 6 - Tesla boss Elon Musk will receive a pay package worth over $1tn (£740bn) if he hits a list of ambitious targets over the next decade, the board Kenya breaking news | Kenya news today |..

✨ Key Highlights

Tesla's board has proposed a staggering $1 trillion pay package for CEO Elon Musk, contingent on him achieving ambitious targets over the next decade. This follows a previous $29 billion share award after his original $50 billion package was struck down by a US court.

  • The pay package requires Musk to boost Tesla's value eightfold, sell one million AI robots, and sell another 12 million Tesla cars.
  • Musk would receive shares in 12 tranches, tied to 12 market milestones, with the final market value target at $8.5 trillion.
  • Investment analysts like Dan Coatsworth of AJ Bell have criticized the proposal, calling it "beggars belief" given Tesla's recent challenges and Musk's tarnished reputation.

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