Elon Musk Could Become First Trillionaire Under New Tesla Pay Package

Elon Musk, the CEO of Tesla, has been offered a compensation package that could potentially make him the world's first trillionaire. The package, which was unveiled by Tesla's board, is tied to the electric vehicle company's performance and Musk's ability to meet ambitious targets. According to the article, the package could be worth up to $900 billion if Musk is able to achieve all of the specified goals. This would make him the first person to ever reach the trillionaire status. The compensation package is structured in a way that incentivizes Musk to continue driving Tesla's growth and success. It includes a series of stock options that will vest based on the company's market capitalization and other operational milestones. While the potential payout is staggering, the article notes that it is a long-term and highly conditional compensation plan. Musk will only be able to earn the full amount if he is able to guide Tesla to unprecedented levels of success over the next several years.