Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Shyna Mae Deang

Terrified of Losing Control of His Robots: Elon Musk's Incredible Excuse for Demanding a $1 Trillion Pay Package

Elon Musk (Credit: Elon Musk/Flickr)

Elon Musk has defended Tesla's unprecedented $1 trillion compensation package, insisting the proposal is less about personal enrichment and more about maintaining control over the company as it pivots to robotics and artificial intelligence.

The plan, unveiled in early September 2025, would award Musk up to 423 million Tesla shares if demanding milestones are met—including mass deployment of robotaxis and humanoid robots.

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.