Musk and His Contract of the Century

💸 What an Offer: $975 Billion for 10 Years as CEO!

Tesla’s board of directors is preparing an offer for Elon Musk that is already being called “the most expensive deal in corporate governance history.” The essence is simple: if Musk remains at the helm of Tesla for another 10 years, he may receive a bonus stock package worth nearly $975 billion.

What’s important: Musk is not required to make extraordinary efforts in terms of office presence. He can live anywhere — in a trailer in Texas, or even on Mars (if he manages to get there) — and work as little as 4 hours a week. The main condition is to formally remain CEO and keep the company’s course.

The bonus conditions are impressive. To receive the full amount:

• Tesla must reach a market capitalization of $8.5 trillion;
• sell 20 million cars annually (for comparison: Toyota sold about 11 million in 2023);
• launch production of 1 million robotaxis;
• create and bring to market 1 million Optimus humanoids.

For scale: $975 billion in cash equals nearly 500 trucks filled with $100 bills. Imagine a convoy of semis stretching along the highway.

The plan approved by Tesla’s board is described as an unprecedented event in American corporate history. According to Bloomberg, this is such a massive compensation package that there is simply no equivalent. If the company manages to achieve the stated goals, Elon Musk will not only receive a colossal bonus but could theoretically go down in history as the world’s first “trillionaire.”

By the way, an interesting fact: many investors and users still think Musk is the owner of Tesla. In reality, he did not create the company but joined later, invested, and took charge. The founders — Martin Eberhard and Marc Tarpenning — stepped into the shadows, while Musk became the face of the brand.

🔥 Conclusion: even if half of the conditions seem like science fiction (robotaxis and humanoids still look more like a “Black Mirror” plot), the very fact of the offer shows that Tesla is ready to keep Musk in any form — as a symbol, a visionary, a brand magnet for investors.

And yes, $975 billion for “staying in place” — not a bad motivation, don’t you think? And by the way, did many of you know he isn’t the actual owner? 😉