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Elon Musk’s New Trillion-Dollar Compensation Structure
Elon Musk, CEO of Tesla, has won approval for a new compensation package potentially worth up to $1 trillion. This package hinges on operational and market capitalization milestones, through which Musk can earn 423.7 million shares of performance-based restricted stock awards over the next 10 years.
To achieve his targets, Tesla must grow its EBITDA from $50 billion to $400 billion, and Musk’s long-term goal is for the company to reach an $8.5 trillion valuation, significantly above its current $1.4 trillion market value. Approval for this compensation structure came from 77% of Tesla’s shareholders, aligning Musk’s potential earnings with shareholder interests.
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