Elon Musk Salary: US-based electric vehicle manufacturing giant, Tesla Inc., has reportedly proposed a massive $1 trillion pay package for its billionaire founder and Chief Executive Officer (CEO), Elon Musk, according to a Bloomberg report on Friday, 5 September 2025.According to the agency report, the proposal is designed to incentivise Elon Musk to lead Tesla over the upcoming years as the company aims to achieve a series of benchmarks. Also Read | Trump’s White House CEO dinner: Skip or miss by Elon Musk? What we know so farThe news report mentioned that Musk will receive the full payout if he achieves these benchmarks and expands Tesla’s robotaxi business to a market value of at least $8.5 trillion over the next 10 years.Tesla’s proxy filing cited by the news agency also mentions that the additional shares of Tesla, which Elon Musk could receive, will increase his stake up to 25% in the company.How much does Elon Musk get paid?As of 5 September 2025, Elon Musk still maintains his rank as the richest person in the world with a net worth of $378 billion, according to the Bloomberg Billionaire Index, which compiles the richest individuals on planet Earth. Also Read | Elon Musk’s xAI sues former engineer over alleged theft of AI trade secretsAccording to the agency report, a Delaware court valued Elon Musk’s 2018 pay package at more than $50 billion, but the court later struck down the valuation. The board of directors has been looking for other ways to compensate CEO Musk, including an interim stock award in early August valued at about $30 billion.The new incentive plan aims to keep Musk’s focus on Tesla while expanding other businesses, such as robotics and artificial intelligence.According to the agency report, if Musk is able to fulfil the performance targets for the massive pay package, then the value of the latest CEO awards will increase to $1 trillion, compared to their $87.8 billion as of date.“Simply put, retaining and incentivising Elon is fundamental to Tesla achieving these goals and becoming the most valuable company in history,” Tesla said in a shareholder letter, cited the news agency.Also Read | Who owns first Tesla Model Y in India? Owner says ‘even if cost is higher…’Marketwatch data shows that Tesla shares are trading 1.90% higher at $344.84 as of the pre-market session on Nasdaq, compared to $338.53 at the previous Wall Street close. The company’s market capitalisation (M-Cap) stands at $1.08 trillion as of 5 September 2025.Musk’s plea to raise salaryBillionaire Elon Musk has earlier urged Tesla’s board of directors to arrange for a new pay package structure for him. He also reportedly indicated to the board that if he did not own 25% voting rights in the electric vehicle maker, he would pursue artificial intelligence and robotics products elsewhere.Even though Musk remains Tesla’s largest shareholder, he sold his stockholdings to acquire Twitter, which was later renamed as ‘X’. According to the agency repor in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. 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Is Elon Musk on track to become the world’s first trillionaire? Examine the substantial compensation plan suggested by Tesla.
