Crazy Bet! Musk's Trillion-Dollar Compensation Exposed: No Salary, 10-Year Bet on Tesla to Become Number One in the World
BlockBeats news, September 5th, the Tesla board dropped a bombshell—a previously unprecedented compensation plan has been officially revealed! Musk will not take a single penny in salary for the next ten years, but he could potentially rake in $1 trillion through stock rewards, provided he leads Tesla to achieve a series of 'heaven-defying' goals!
According to the plan, Musk can only unlock this astronomical compensation after a series of 'hell-level' milestones are achieved, such as Tesla's market value skyrocketing, profits soaring, and selling millions of electric vehicles. Board Chair Robyn Denholm bluntly stated in a letter to investors: 'Keeping Musk is betting on Tesla becoming the most valuable company in history.'
Once the news broke, the internet exploded. Some netizens exclaimed: 'This is not a compensation plan; it’s clearly a crazy betting agreement between Musk and Tesla!' Others joked: 'The King of All In is going all in again; in ten years, he will either become a god or go to zero.'
One cannot help but say, Musk has once again demonstrated his 'universal-level' ambition and vision. On one side is the world's richest man 'working for free', on the other is the intertwined fate of investors and the CEO. Once Tesla's growth stagnates, old Musk will get nothing.
However, this plan is bound to reignite controversy: is one person really worth incentivizing with a trillion-dollar fortune? The record for the highest income CEO in the world is likely to be broken by Musk himself again.
So how do you feel about this situation??? Leave your thoughts in the comments!
