Elon Musk may become world’s first Trillionaire after Tesla’s record $1 Trillion pay proposal

September 5, 2025

New Delhi, September 5: Tesla has proposed a new compensation package for its CEO Elon Musk, which could be worth up to $1 trillion. The package will be paid entirely in Tesla shares and is yet to be approved by the company’s shareholders. The vote for approval will be held on November 6.

The Tesla board has said that the plan is based on Musk’s ability to transform the company from an electric vehicle manufacturer to a technology and artificial intelligence (AI) leader. The main goal is to develop autonomous systems, robotics and AI-based products.

According to Tesla’s recent securities filing, Musk will have to increase the company’s market value from about $1.1 trillion today to $8.5 trillion in the next 10 years under this plan. This value will be double that of the world’s largest tech companies, such as Nvidia.

In addition, Tesla has also put forward a shareholder proposal suggesting taking a stake in Musk’s private AI project ‘xAI’. This will strengthen the company’s hold in the AI ​​sector and increase Musk’s business expansion.

If Musk achieves all these targets, he will get an additional salary of about $900 billion, which will add to his current wealth of more than $400 billion. This will make it the world’s largest executive pay package.

Earlier this year, Tesla gave Musk a temporary stock package worth $29 billion to enable him to remain at the helm of the company until 2030.