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Benzinga
Benzinga
Business
Anthony Noto

Tesla's $1 Trillion Illusion: Elon Musk's Pay Package And The Robotaxi Myth

Elon Musk BoT Robot Sean Duffy Nasdaq Tesla Inc. Cathie Wood Chamath Palihapitiya Donald Trump Optimus
Shanghai,china-feb.15th,2025:,Tesla,Robot,(tesla,Bot),Optimus,With,Brand,Logo

Tesla Inc (NASDAQ:TSLA) is about to rubber-stamp one of the most extravagant CEO pay packages in corporate history — a $1 trillion, 10-year deal for Elon Musk — even as its valuation stretches further from reality.

Musk's compensation includes $31 billion in restricted stock and could soar past $113 billion in total. It also comes at a time when the car company's market share is shrinking.

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