Tesla will pay Elon Musk $1 trillion
At the annual congress in Texas, Tesla shareholders approved a $1 trillion reward for the company\'s co-founder and CEO, Elon Musk. This was reported by The Guardian.
The decision was supported by more than 75% of shareholders. To make money, Musk would need to expand Tesla\'s robotic taxi production within ten years and increase the company\'s market value from $1 trillion to at least $8.5 trillion. He will also receive 12% of the company\'s shares for fulfilling the conditions.
In addition, the entrepreneur must bring the company\'s real profit to $400 billion for four consecutive quarters. For comparison: in the III quarter of 2025, this figure will be $4.2 billion.
True, Musk doesn\'t receive salaries or bonuses during hard work. Nevertheless, if a businessman performs well and receives a one-time payment, he can become the world\'s first trillionaire with a fortune of $2 trillion.
The publication notes that Musk\'s compensation amount is comparable to the market turnover of entire countries and exceeds the GDP of Ireland, Sweden, and Argentina.
