Press X to Doubt Elon Musk Will Get His Trillion Dollar Tesla Pay Package

10 days ago

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Tesla shareholders approved a $1 trillion pay package for Elon Musk, contingent on meeting specific KPIs.
The pay package is structured into 12 tranches, split between market capitalization increases and operational milestones.
Market capitalization milestones start at $2 trillion and go up to $8.5 trillion.
Operational milestones include delivering 20 million vehicles, 10 million FSD subscriptions, 1 million Optimus robots, or 1 million Robotaxis.
Tesla's current FSD adoption is only 12% of its fleet, far from the 10 million target.
The Optimus robot's potential is speculative, with no concrete achievements yet.
A clause in the agreement allows Musk to earn shares without meeting milestones under certain 'covered events' like natural disasters or government actions.
Tesla's current valuation is highly speculative, with risks including competition from Chinese EVs and potential overvaluation.

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