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We Got This Covered
Sadik Hossain

Tesla wants to make Musk a trillionaire to keep him focused – but his political drama already tanked the stock price

Tesla Inc. Elon Musk United States

Tesla’s board has put forward a shocking new pay package for CEO Elon Musk that could make him the world’s first trillionaire. The proposal would give Musk around 423 million shares in the company if Tesla meets big goals over the next 10 years. The main target is growing Tesla’s market value to $8.5 trillion.

Under these conditions, the pay package would be worth about $1 trillion. This would boost Musk from a multibillionaire to the world’s first trillionaire. The proposal still needs approval from Tesla shareholders, who will vote on November 6.

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