Elon Musk's Salary to Reach $1 Trillion, Three Times Pakistan's GDP

Elon Musk's Salary Package Reaches $1 Trillion

Tesla CEO Elon Musk's salary has been approved at a record $1 trillion by shareholders during the company's annual general meeting in Austin, Texas, USA. This pay package is roughly three times the size of Pakistan's total GDP.

Shareholder Approval and Performance Goals

Around 75% of investors voted in favor of Musk's compensation at the AGM. The payout is tied to ambitious performance milestones, including raising Tesla's market capitalization from $1.5 trillion to $8.5 trillion. Achieving these targets could make Musk the world’s first trillionaire.

Musk’s Remarks at the AGM

"What we are about to embark on is not just a chapter in Tesla's future, but an entirely new book."

Following the announcement, Musk appeared on stage dancing with Tesla's humanoid robot, Optimus, highlighting the company’s unique and engaging shareholder meetings.

Market Reaction and Musk's Wealth Status

After the announcement, Tesla's shares increased by about 1% in after-hours trading, according to Reuters. Musk’s current net worth exceeds $500 billion, and he remains listed as the world’s richest person in Forbes’ real-time billionaire rankings.

Conditions for Receiving the Salary

To receive the approved compensation, Musk must achieve several key company market value milestones linked to Tesla's growth.

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Patrika News Patrika News — 2025-11-07

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