*Assuming the allegations are true and also assuming such a visit with Ghislaine Maxwell and a trafficked Asian boy cost $10,000 per visit. #
Elon Musk, already the world’s richest person, could become the first trillionaire after the Tesla board unveiled a massive new pay package for its CEO to keep his focus on the troubled EV maker.
The package would grant him additional shares of Tesla stock if the company is able to grow far beyond its current value, with a market capitalization far greater than any company has ever approached. Musk’s previous pay package, which added significantly to his massive wealth, also laid out ambitious growth plans that once appeared to be a reach – but which Tesla proved able to reach easily.
The new pay package could grant Musk 423.7 million additional shares of Tesla stock. Those shares would be be worth $143.5 billion at today’s stock value.
But Musk would get those shares only if the value of Tesla stock increases significantly in coming years. The company stock would need to reach an overall value of $8.5 trillion for Musk to get all the shares, significantly above the current market capitalization of $1.1 trillion
Those 423.7 million new shares that Musk would get under this package would be worth close to $1 trillion should the company hit the increased valuation targets spelled out in Friday’s proxy statement.
If Tesla shares are able to reach the $8.5 billion market capitalization value, it could become the most valuable company ever. It would be worth roughly double the current market value of Nvidia (NVDA), the current most-valuable company on the market. Tesla is already the most valuable automaker by a large margin, even though legacy automakers, like second-most valuable automaker Toyota, sell far more vehicles and now make more profits.
Tesla proposes Elon Musk pay package that could make him the world’s first trillionaire
Elon Musk, already the world’s richest person, could become the first trillionaire after the Tesla board unveiled a massive new pay package for its CEO to keep his focus on the troubled EV maker.
The package would grant him additional shares of Tesla stock if the company is able to grow far beyond its current value, with a market capitalization far greater than any company has ever approached. Musk’s previous pay package, which added significantly to his massive wealth, also laid out ambitious growth plans that once appeared to be a reach – but which Tesla proved able to reach easily.
The new pay package could grant Musk 423.7 million additional shares of Tesla stock. Those shares would be be worth $143.5 billion at today’s stock value.
But Musk would get those shares only if the value of Tesla stock increases significantly in coming years. The company stock would need to reach an overall value of $8.5 trillion for Musk to get all the shares, significantly above the current market capitalization of $1.1 trillion
Those 423.7 million new shares that Musk would get under this package would be worth close to $1 trillion should the company hit the increased valuation targets spelled out in Friday’s proxy statement.
If Tesla shares are able to reach the $8.5 billion market capitalization value, it could become the most valuable company ever. It would be worth roughly double the current market value of Nvidia (NVDA), the current most-valuable company on the market. Tesla is already the most valuable automaker by a large margin, even though legacy automakers, like second-most valuable automaker Toyota, sell far more vehicles and now make more profits.