{"id":46017,"date":"2025-09-05T12:07:59","date_gmt":"2025-09-05T12:07:59","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/tesla-offers-pay-package-to-ceo-elon-musk-that-could-be-worth-up-to-1-trillion\/"},"modified":"2025-09-05T12:07:59","modified_gmt":"2025-09-05T12:07:59","slug":"tesla-offers-pay-package-to-ceo-elon-musk-that-could-be-worth-up-to-1-trillion","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/tesla-offers-pay-package-to-ceo-elon-musk-that-could-be-worth-up-to-1-trillion\/","title":{"rendered":"Tesla offers pay package to CEO Elon Musk that could be worth up to $1 trillion"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"elon-musk-says-ai-grok-coming-tesla-vehicles-days-unleashed-antisemitic-rant--hero\" title=\"Video: Elon Musk says AI Grok is coming to Tesla vehicles, days after it unleashed antisemitic rant\" data-sort-time=\"1752181482000\" data-update-time=\"1752181482000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/elon-musk-says-ai-grok-coming-tesla-vehicles-days-unleashed-antisemitic-rant\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">Elon Musk says AI Grok is coming to Tesla vehicles, days after it unleashed antisemitic rant<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">03:04<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>Tesla&#8217;s board is asking shareholders to approve a new pay package for CEO Elon Musk that could be worth up to $1 trillion in a decade, representing one of the richest compensation packages in corporate history.\u00a0<\/p>\n<p>According to a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1318605\/000110465925087598\/tm252289-4_pre14a.htm#tPRO4\" target=\"_blank\" rel=\"nofollow noopener\">regulatory filing<\/a> published Friday, the electric car maker&#8217;s board wants to award Musk about 423 million shares, which today have a value of $143 billion, if the company hits certain profitability, production and market capitalization milestones.\u00a0<\/p>\n<p>To earn the full pay package, Tesla would have to reach a market cap of $8.5 trillion \u2014 about eight times its current value \u2014 in 10 years. At that level, the stock awarded to Musk would be worth more than $1 trillion. \u00a0<\/p>\n<p>The entrepreneur&#8217;s previous compensation has drawn legal challenges. In 2018, Tesla investors filed a lawsuit challenging Musk&#8217;s $56 billion pay package, alleging that he and the company&#8217;s board had breached their fiduciary duties. In December, a Delaware judge ordered the company to revoke that award. \u00a0<\/p>\n<p>In August, Tesla said it was granting Musk shares totaling\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/tesla-awards-29-billion-pay-package-to-ceo-elon-musk\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">around $29 billion<\/a><\/span>.\u00a0<\/p>\n<p><em>\u2014This is breaking news and will be updated.<\/em><\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/aimee-picchi\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Aimee  Picchi<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/elon-musk-tesla-new-compensation-pay-package-1-trillion\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Musk says Grok is coming to Tesla vehicles Elon Musk says AI Grok is coming to Tesla vehicles, days after<\/p>\n","protected":false},"author":1,"featured_media":46018,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[703,2298],"class_list":["post-46017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-elon-musk","tag-tesla"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla offers pay package to CEO Elon Musk that could be worth up to $1 trillion - World News<\/title>\n<meta name=\"description\" content=\"Tesla is asking shareholders to approve a pay package that would award 423 million shares to CEO Elon Musk if he hits certain milestones.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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