Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Shawn Tully

Elon Musk delivered on Tesla’s ‘mission impossible’ goals before—but the targets for his $1 trillion pay package are even more delusional

(Credit: Kevin Dietsch—Getty Images)

Is this for real?

On Sept. 5, the Tesla board unveiled an all-new, long-term compensation package for Elon Musk that advertised far and away the biggest numbers in the annals of CEO pay. Put simply, if the EV maker’s CEO hits all the targets, he’d pocket a total payout of $1 trillion over anywhere from mid-2030 to 2035. The template rightly won kudos in the business press and among Wall Street analysts as fabulously friendly to shareholders, who’d garner sumptuous rewards on the order of their winnings in Tesla’s bygone great days.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.