Tesla proposes 1tn award for Musk if he hits targets
Under the latest plan, Musk would be awarded shares in 12 tranches, tied to 12 market milestones. The first milestone is for Tesla's market value to double to 2tn. The final market value milestone is 8.5tn - more than double the value of chip giant Nvidia, the world's most valuable company. He must also hit an operational milestone alongside each market milestone, which include the robot and vehicle targets, and a goal to increase one of Tesla's earnings figures 24-fold. According to Tesla's latest financial report, sales are falling at their fastest rate in a decade, an issue which some experts have put down to Musk's "toxic" reputation.
Sep-5-2025, 15:06:00 GMT