Elon Musk could leave Tesla without $1 trillion pay package
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Elon Musk’s net worth eclipsed $500 billion again Tuesday as Tesla’s shares have risen in recent days, as the automaker appeared to benefit from warming trade negotiations between the U.S. and China,
Tesla CEO Elon Musk's polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker's U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire's persona.
Not only did Tesla sales suffer, but the study also found that competitive EV brands saw a likely-Musk-induced bump.
A proposed compensation package tied to Tesla’s AI and robotics ambitions reignites debate over governance, shareholder influence, and the growing concentration of tech power in the hands of a few.
Elon Musk may need a few extra dollars in his pockets as he's hinted at stepping down from the company if his $1trillion plan falls through.
Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.
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Elon Musk said he needs $1 trillion to stop ‘corporate terrorists’ from wresting control of Tesla
Elon Musk says he needs to build his stake in Tesla so much that he could become the world’s first trillionaire. But this week he said his aim wasn’t to increase his planet-leading wealth. Instead, Musk said the biggest pay package in history was necessary to protect his company.
Tesla chief Elon Musk said in a call with investors on Wednesday that his team is “on the cusp of something really tremendous” with Optimus, the humanoid robot that it’s been working on since 2021.