$1 trillion! Musk's new compensation plan revealed

According to a Bloomberg report on the 5th, Tesla, the world's leading electric car manufacturer, has proposed a new compensation package to its CEO, Elon Musk, potentially worth approximately $1 trillion. Bloomberg described it as an "unprecedented" incentive package in American corporate history.

The proposal aims to ensure Musk's continued involvement in Tesla's operations and development for years to come, closely tying his compensation to the company's long-term performance by setting a series of challenging strategic goals.

According to the disclosed terms, Musk must lead Tesla to achieve several milestones, including significantly expanding its self-driving taxi (Robotaxi) business and increasing the company's market capitalization from approximately $1 trillion to at least $8.5 trillion.

The entire plan spans 10 years.

According to a regulatory filing filed by Tesla on Friday, if Musk successfully achieves all of the pre-set targets, he will receive a significant amount of additional equity incentives, increasing his total stake in Tesla to at least 25%.

This ownership level is consistent with Musk's previously stated desire for a larger ownership stake to strengthen his control over Tesla's direction.

Bloomberg News reported that Musk, who has been at the helm of Tesla since 2008, currently oversees several cutting-edge technology companies, including SpaceX and artificial intelligence startup xAI.

Therefore, the design of this compensation plan reflects Tesla's board's desire for Musk to maintain a strategic focus on Tesla's core business while actively expanding into emerging areas like robotics and artificial intelligence.

The plan still requires review and approval by the company's shareholders. Musk has not yet publicly responded to the proposal. If implemented, it would not only be a landmark event in corporate governance but could also profoundly impact the direction of executive incentives in the global tech industry.