Elon Musk's latest Tesla pay valued at $158bn - but he can't pocket it
Summary
Tesla has valued Elon Musk’s pay package at $158 billion for 2025, based on a deal that would reward him with shares if he meets very high goals. However, Musk will not receive any of this money unless Tesla reaches milestones like selling millions of cars, launching robotaxi services, and growing the company's value to $8.5 trillion.Key Facts
- Tesla’s compensation package for Musk is estimated at $158 billion in 2025, based on regulatory filings.
- Musk will only get the pay if he meets tough goals set by Tesla shareholders in 2023.
- Milestones include delivering 20 million vehicles, achieving 10 million self-driving subscriptions, and running 1 million Robotaxi cars commercially.
- Tesla’s market value would need to rise to $8.5 trillion for Musk to earn shares worth about $1 trillion.
- Musk currently does not receive a salary from Tesla and must meet ambitious targets to get the pay.
- Musk’s estimated personal net worth is between $651 billion (Bloomberg) and $788 billion (Forbes).
- Musk owns other companies like SpaceX, which is preparing for a stock market offering.
- Musk has been engaged in legal disputes regarding the direction of OpenAI, a company he co-founded.
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