The vote that could make Elon Musk the world’s first trillionaire

Tesla shareholders are preparing for a pivotal vote that could make Elon Musk the world’s first trillionaire — or push him to leave the company altogether. The proposed compensation package would grant Musk up to $275 million a day over the next decade if Tesla’s market capitalization reaches $8.5 trillion.

Source CNN

While shareholders have previously approved similar pay structures, this new vote comes amid heightened scrutiny. Several major investment firms, including Norway’s sovereign wealth fund, have announced plans to vote against it, calling the deal excessive and unfair. Others argue Musk’s leadership is indispensable for Tesla’s future growth.

Despite criticism, analysts expect the proposal to pass, as investors recognize Musk’s central role in Tesla’s innovation and market dominance. The outcome of this vote could determine not only Musk’s personal wealth but also the company’s trajectory in the global electric vehicle race.