How rich can Elon Musk become $ 1,000,000,000,000 package of Tesla?
Elon Musk could become the world’s first billionaire with Tesla’s ten-year stock base plan, by 423.7 million shares as Tesla achieved $ 8.5 trillion market value, raising vehicles sales to 20 million and increasing its robotic and robotics businesses. Elon Musk can become a trillionaire. (Via Reuters) Elon Musk, the richest man in the world, can become even richer-potentially becoming a trillionaire after Tesla has announced a ten-year remuneration package for the ‘unique’ CEO of the electric vehicle. The ‘super -ambient’ incentive plan can make him the world’s first trillionaire if Musk accepts the agreement and reaches aggressive growth. How does the reward work? The reward is entirely in Tesla shares, not cash. Musk could receive 423.7 million new Tesla shares, which is currently worth about $ 143.5 billion. To claim the complete package, Tesla’s $ 1.1 trillion share today will have to grow to $ 8.5 trillion in ten years – more than eight times the current value and almost double the value of NVIDIA, today’s most valuable company. Among the goals, Tesla’s annual vehicle sales will have to reach 20 million, and MUSK will also have to expand Tesla’s robotic and robotaxi businesses and sell a million robots and a million driverless taxis. What are the conditions of receiving the stock? Musk must stay with Tesla for at least seven and a half years to access any shares, and ten years to earn the full amount. According to Forbes’s real -time tracker, Musk’s net value is $ 437.8 billion, and this new package can print more than $ 1 trillion. Elon Musk’s net worth with a net worth of $ 421.2 billion, Elon Musk has the Forbes list above. Musk, who founded SpaceX in 2002 and served as its CEO, is also at the head of Tesla and holds interests in the social media platform X, AI Company Xai, and Tunneling Firm Boring Co. Before launching SpaceX in 2002 and joined Tesla in 2004, Musk founded PayPal together, which was later sold to eBay. Why is the preservation of Elon Musk considered decisive? Robyn Denholm, Tesla’s board chairman, and director Kathleen Wilson-Thompson highlighted Musk’s stake in a letter to shareholders, saying: ‘The preservation and incentive of Elon is fundamental to Tesla to achieve these goals and become the most valuable enterprise in history,’ according to the New York Times. The filing also included a proposal from shareholders suggesting that Tesla is taking an interest in Musk’s private AI firm, Xai, which recently acquired the social media platform X (formerly Twitter). CNN reported that the proposal does not specify the size of its importance or its cost, and Tesla has not yet taken a position. The move can enable Musk to further consolidate its business empire. However, the payment plan is expected to face criticism, while some shareholders claim that Musk’s recent performance was poor and that its behavior sometimes harmed the company.