All articles tagged with #company valuation
The Delaware Supreme Court reinstated Elon Musk's 2018 Tesla pay package, now valued at about $139 billion, after it was previously rescinded, allowing Musk to be compensated for his efforts since 2018 and potentially earning up to $878 billion if Tesla meets future targets.
Tesla shareholders are voting on a historic pay package for Elon Musk, which could earn him up to a trillion dollars if Tesla hits ambitious growth targets, including increasing its market cap from $1.5 trillion to over $8.5 trillion, making it one of the most lucrative compensation plans in corporate history.
Tesla's stock rose over 5% after Elon Musk disclosed a $1 billion purchase of more than 2.5 million shares, signaling confidence in the company's future amid a proposed ambitious pay package that could make him the world's first trillionaire if certain performance targets are met.
Tesla's board proposed a compensation plan for Elon Musk that could make him the world's first trillionaire if the company hits ambitious growth and production targets, including reaching a market value of $8.5 trillion and delivering one million Robotaxis and humanoid robots over the next decade, contingent on shareholder approval.
Elon Musk predicts that about 80% of Tesla's value will come from its humanoid robot project, Optimus, which is still in development, marking a shift in focus from Tesla's traditional car business amid declining vehicle deliveries.