🚨🇺🇸 $1 trillion: the compensation proposed by Tesla to Elon Musk challenged by an influential voting consulting firm.
Securing $1 trillion, even for Elon Musk, who is already the richest man in the world today, will not be easy. He must meet a series of objectives, including making Tesla robotaxis a part of daily life and increasing the company's value from $1 trillion today to at least $8.5 trillion. On Wall Street, Tesla's record, dating back to the end of 2024, is about $1.5 trillion.
Retaining Musk
"If the performance goals are ambitious, unprecedented size ensures high compensation for years to come, and billions can be earned for partial achievement of the goals," emphasizes ISS. His last compensation plan, laid out in 2018, offered him $50 billion, contingent upon certain conditions. But the courts annulled it following a shareholder's complaint.
This recommendation is a serious thorn in the side of the board of directors. Its chairwoman, Robyn Denholm, stated to the "Financial Times" that the allocation was justified because Elon Musk is a generational talent who should devote "time, energy, and effort beyond what most humans can do."
