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The publication pointed out that the cited figure serves as an early estimate of the annual remuneration Musk might earn from the electric vehicle manufacturer, which has authorized a USD 1 trillion compensation package for the businessman. Tesla stressed that the disclosed sum may vary considerably from the actual payment.
The Times added that the eventual amount is determined by the firm's stock price, the strike price of Musk's options, and his success in meeting performance benchmarks.
Consequently, in order to secure the initial portion of his USD 1 trillion award, Musk must boost Tesla's market capitalization to USD 2 trillion while simultaneously reaching profit and operational objectives. As of 2025, none of these targets have been met; the company is presently worth USD 1.2 trillion, the newspaper noted.
source: thetimes.com
The Times added that the eventual amount is determined by the firm's stock price, the strike price of Musk's options, and his success in meeting performance benchmarks.
Consequently, in order to secure the initial portion of his USD 1 trillion award, Musk must boost Tesla's market capitalization to USD 2 trillion while simultaneously reaching profit and operational objectives. As of 2025, none of these targets have been met; the company is presently worth USD 1.2 trillion, the newspaper noted.
source: thetimes.com
