Elon Musk pay package row: Tesla CEO's 5 big challenges to achieve his $1 trillion payout

Tesla shareholders voted to approve Elon Musk's massive new pay package amid worries from some that he might step down as CEO if it didn't get approved.

Published on: Nov 7, 2025, 04:10:52 IST

By Shuvrajit Das Biswas

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Elon Musk's massive new pay package of $1 trillion was approved by Tesla shareholders on Thursday. The move came even as many worried that Musk might step down as CEO if his pay package didn't go through. Over 75 percent of shares voted in favor of this proposal, as per reports.

Elon Musk could become the world's first trillionaire with this pay package. (AFP)

With this, Musk is eligible to get the largest corporate payout in history. However, the $1 trillion payout comes with some preconditions. Here are five challenges Musk will have to overcome to get the staggering amount.

Elon Musk's challenges to get $1 trillion payout

Musk faces a set of challenges he needs to overcome in order to be eligible for the entire $1 trillion payout. As per The Verge, the hurdles for Musk are as follows –

Raising Tesla’s market capitalization from $1.5 trillion to $8.5 trillion in 10 years
Putting 1 million Robotaxis into service
Selling 12 million more cars
Selling 10 million Full Self-Driving subscriptions
Selling 1 million humanoid robots

What to know about Elon Musk's new pay package

The pay agreement clears a path for the world’s richest person to become the first ever trillionaire. Musk will also be expanding his stake in Tesla to 25 percent or more over the next decade.

Also Read | Furious Elon Musk blasts 'scam' NYC mayoral ballot form: 'Cuomo's name is...'

Musk took to the stage in Austin, Texas, with dancing robots. "What we are about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book," he said. "This really is going to be quite the story."

He added: "Other shareholder meetings are like snoozefests, but ours are bangers. I mean, look at this. This is sick." Norges Bank Investment Management, which manages Norway’s sovereign wealth fund, were among Tesla's largest shareholders, who opposed this move. Others against it include American Federation of Teachers, Institutional Shareholder Services, and Glass Lewis.

Tesla shares rose 1.8% as of 4:54 p.m. in postmarket trading Thursday in New York. The stock was up 14% this year through Wednesday’s close, narrowly trailing the 16% advance in the S&P 500 Index.

(With agency inputs)

ABOUT THE AUTHOR
Shuvrajit Das Biswas
Shuvrajit has over seven years of experience covering US, India, and world news. An English Literature postgraduate from Jadavpur University, Shuvrajit started off covering entertainment, gaming and all things pop culture. There were brief periods away from the media industry, with short stints in content marketing, ed-tech and academic editing. However, the newsroom beckoned and over the last few jobs, Shuvrajit has exceedingly focused on team functioning as well, including tracking news and assigning tasks, working on everyday breaking news, framing detailed coverage plans, and creating immersive and data-driven stories. In his time as a digital journalist, he has covered a Lok Sabha election, multiple state elections, Union Budgets and award ceremonies. He has also helped in planning content for company event panels in the past. For work, Shuvrajit enjoys dabbling with data visualization, editing tools, and AI chatbots and attempts to incorporate AI workflows in everyday tasks. He is deeply interested in geopolitics, sports, films and music. Prompting is a new fascination for Shuvrajit now. Apart from that, he can be found doom-scrolling, sharing memes, or cheering on his favorite football team.Read More

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