Tesla CEO Elon Musk could soon become the world’s first trillionaire and trillionaire. In fact, the company’s board has introduced a new compensation package under which Musk can receive compensation of about $1 trillion.
The new compensation package proposes that if all the company’s goals are met, Musk will receive 12 percent of the company’s total shares.
Under this package, Musk can receive 423.7 million Tesla shares, which are currently worth about $143.5 billion. But this will only be available when Tesla’s market value rises to $8.5 trillion.
It would take a big boost to bring the company’s value to this level now. Musk currently owns 410 million Tesla shares, worth about $139 billion.
