As Tesla shareholders cast their votes on a groundbreaking compensation plan for CEO Elon Musk, questions are emerging about whether the world's wealthiest man remains a wise bet for investors.
Tesla’s proposed package would deliver Musk roughly 425 million shares, potentially pushing his total wealth close to one trillion dollars (£760bn). Already valued at over $400bn (£306bn), this deal would also double his stake in the company from 15% to nearly 30%.
According to the board, Tesla stands at a pivotal moment. Beyond its ambition to sell millions of cars, the company seeks to lead in robotaxis, AI-driven humanoid robots, and advanced autonomous driving software. For these goals, it insists on retaining Musk’s full drive and commitment.
"The package would grant Musk, who already has a net worth of more than $400bn, around 425 million shares in the company."
While some investors rally behind Musk’s bold vision, others worry about the concentration of power and the scale of his personal fortune. The vote represents more than financial stakes—it underscores a broader question about innovation, leadership, and trust in one extraordinary figure.
Author’s summary: Tesla’s massive pay deal for Elon Musk divides investors, balancing confidence in his vision with growing concerns over concentration of power and value.