Technology9/6/2025TechCrunch

Musk’s $1T pay package is full of watered-down versions of his own broken promises

Musk’s $1T pay package is full of watered-down versions of his own broken promises

The article discusses Elon Musk's $1 trillion pay package at Tesla, which is significantly less ambitious than his previous claims. Musk had previously stated that Tesla would produce 20 million cars and one million humanoid robots per year, but the company's board is now aiming for far lower targets in exchange for the massive compensation package. The article suggests that Musk's pay package is a watered-down version of his own broken promises, as the company's goals have been scaled back significantly. The article argues that the board's approval of this pay package, despite the reduced ambitions, highlights the disconnect between Musk's grand visions and the company's actual performance and achievable goals. Overall, the article criticizes the discrepancy between Musk's past statements and the more modest targets set by Tesla's board for the $1 trillion pay package, suggesting that the package is a compromise that falls short of Musk's earlier ambitious claims.

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