“Yes, I have read it correctly”: The Tesla trillion dollar committee to keep El Musk as the long -term executive president

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When Tesla Board of Directors revealed the latest executive compensation plan for CEO Elon Musk on Friday, it was not just another line in a Agent file. It was a theater work or challenge. After previous salary deals on Musk – the richest man in the world, It deserves hundreds of billions-It was alternately dismantled according to legal pressure and shareholders, and then criticized hard, the company will again pay the boundaries of corporate governance through a goal that wanders in the title: Musk will only win if the Tesla evaluation is at least an eight -year -old.

Tesla told the file shareholders with the Securities and Exchange Committee The latest payment package of $ 29 billion The statement was accompanied by the statement that “the work was underway” by the Special Committee that holds the musk compensation. The council-with Elon and his brother, Kimal, recommended that from this process-to the “long-term executive compensation strategy”, which could reach $ 1 trillion.

Then the Special Committee confirmed what luckAmanda Girut mentioned: The package of $ 29 billion was not directly linked to the performance, and that this was the exact opposite. “Yes, I have read it correctly,” the committee told the shareholders. “In 2018, Elon had to grow billions in 2025, he had to grow Tesla by a trillion – accurately, he must create approximately 7.5 trillion dollars valuable for shareholders in order to receive the full prize.” The committee also said that this award is “unique challenges” to direct Tesla through a new stage of unprecedented growth, while keeping driving for many years to come.

The past of pushing musk

Elon Musk’s relationship with payment firmness has always been strange through traditional companies’ measures. Unlike the salaries and heavy cash rewards that create most of the CEO contracts, Musk has repeatedly connecting Tesla to destroy aggressive features.

In 2012, the Tesla Council gave him a deal for him Based on the obstacles of production and stock price. At that time, it seemed bold. Tesla was still a specialized manufacturer producing tens of thousands of cars. When these goals were eventually achieved, the payment package delivered dozens of millions of dollars in options – at once to win and dispel the Tesla shareholders who saw their stocks double.

Then came in 2018: a plan that includes $ 46 billion in winning a possible grand prize over a set of operational standards and the goals of the strategy evaluation. Smoothing mocked, however musk hit many of these goals, and pushed Tesla across TV trillion dollars in 2021. To the fans, the Musk campaign proved insight. For critics, governance – a council in Thral to the CEO.

In fact, in January 2024, a Dilayer’s judge beaten This arrangement is of $ 56 billion, pointing to the conflict of interests in the board of directors (including his brother, Kimal) and the lack of sufficient control. The ruling fell as a symbolic reprimand of musk control over Tesla, and a warning about the transgressions of the Silicon Valley Worship. It was a second attempt to review the package – “Plan B”, as it was unofficially known – He was removed again by Dilayer judge After nearly a year. Throughout the year, angry musk has been paid from its inclusion in Delaware.

On the agent on Friday, the committee said it had explored many alternatives, but in the end it decided to build on the controversial 2018 package. The new goals of Musk include the modified EBITDA goals (up to 28x higher than the teacher 2018, for the committee) and new products, including one million robots in commercial operation and delivery of 1 million robots of artificial intelligence.

Violent reaction, loyalty, and musk dilemma

The Tesla plate found itself besieged in a dilemma: Musk is simultaneously the greatest assets of Tesla and the greatest danger. The unusual height of the company from the car maker to a global power in the field of sustainable energy and transportation may be fed by its uncomfortable ambition and its strange ability to attract capital. It completely embodies the Tesla brand that investors and customers alike mix the company’s path itself.

But this force comes with fragility. MUSK Long List of Side Projects –Spacexand xNeuralink, recently launched Xai – Critics are associated with Tesla to become a neglected child. At the same time, he brought his mercury style and general disputes, from fiery storms on social media to clashes with the organizers, fluctuating to Tesla shares and reputation.

The trillion -dollar plan is quieter and more existential: Can Tesla really outperform musk? For more than a decade, his vision, the appetite for risk and his loud style was the one that determined the company. However, most companies ’giants ultimately ripen beyond their foundational personalities, and to turn power towards institutional structures and professional administration.

Once again, the Tesla plate stood up to continuity, betting that the bullish trend in locking musk is in the superiority of a disturbance aside. However, the attractiveness of Tesla has always rested in its unbearable possibilities. The company, which has now been rejected, is the future of global transportation. The CEO once believed that the reckless became one of the richest men alive. And the return of the payment package once cannot be imagined to play – only now, the number is no longer billions, but a trillion.

For this story, luck The artificial intelligence is used to help with a preliminary draft. Check an editor of the accuracy of the information before publishing.

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