The board of Tesla, a company that makes electric cars, has proposed a very large package for the company’s CEO Elon Musk. If Musk gets this package, then he will become the first trillionaire in the world. However, for this, the board has set many big goals in front of them. On achieving these goals, Musk will be entitled to get this package. This package will be of a trillion dollar. In this package, Musk will also be entitled to Tesla’s 423 million shares during the next decade.
What is the goal for Musk?
Tesla’s board has set a mountain -like target in front of Musk. If the market value of the Musk Company makes 8.5 trillion dollars (8 times compared to today and double the record of any company), then they will get this package. Currently, the value of the company is $ 1.1 trillion. To get this package, he will have to hold the post of CEO of the company for at least 7.5 years. Also, one million autonomous taxis, deployment of a million robot and the company’s profits will have to be increased 24 times.
What did the company say?
Tesla’s board said that only Musk has a leadership required to change the company and complete its long-term mission. Let me tell you that Tesla is worried that Musk is giving his time in SpaceX, Starlink, XAI and other political programs. Due to this, the company had considered handing over the post of CEO to another person in his place last year. After this, Musk assured that he would focus all his time and attention on Tesla.
How much is the property of mask now?
Musk is already the world’s richest person with assets of $ 400 billion. If they get Tesla’s proposed package, then their assets will increase by $ 900 billion. This will be the largest package to any CEO in history. When this happens, Tesla will have a 29 percent stake in Tesla.
Also read-
Why does Apple launch a new iPhone series every year in September? No 1-2, there are many reasons behind it, know