Elon Musk could become world’s first trillionaire under new Tesla pay deal
Why world’s richest man Elon Musk could become even richer
- Elon Musk could become the world's first trillionaire under a new proposed payment package at Tesla.
- The deal, potentially worth over £740bn, is contingent on Musk achieving a series of ambitious targets for the company over the next decade.
- These targets include increasing Tesla's market value to £6.3tn, delivering 20 million vehicles, and deploying one million robotaxis and AI humanoid robots.
- The proposed package, which would also grant Musk more voting power, requires approval from Tesla shareholders at their annual meeting on 6 November.
- Some market analysts have expressed scepticism regarding the feasibility of these targets and questioned Musk's recent performance and distractions.