"The 2025 CEO Performance Award, outlined in a securities filing on Friday, would be worth up to $900 billion in Tesla stock ( NASDAQ:TSLA) if the automaker achieves a series of aggressive performance and valuation goals, according to the New York Times. Shareholders are expected to vote on the proposal at the annual meeting on November 6. Tesla is aiming for an insane $8.5 trillion market cap"
"Apart from leading Tesla to become the world's biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation. Tesla board chair Robyn Denholm and director Kathleen Wilson-Thompson said retaining Musk is "fundamental to Tesla achieving these goals and becoming the most valuable company in history.""
A proposed 2025 CEO Performance Award could grant Elon Musk up to $900 billion in Tesla stock contingent on meeting steep performance and valuation milestones. The plan requires Tesla's market capitalization to rise from about $1.1 trillion to $8.5 trillion in a decade and operating profit to grow from $17 billion to $400 billion annually. Product and adoption targets include 20 million cumulative vehicle deliveries, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis operating. Shareholders will vote on the proposal at the November 6 annual meeting.
Read at TESLARATI
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