$TSLA - TESLA BOARD PROPOSES MUSK PAY DEAL WORTH UP TO $1 TRILLION
The deal, which would give Musk as much as 29% of Tesla’s shares if fully achieved, requires Tesla to hit targets such as:
🔸 $8.5 trillion market cap (vs. ~$1T today)
🔸 20M vehicles, 1M robots, and 1M robotaxis delivered
🔸 10M Full Self-Driving subscribers
🔸 $400B EBITDA (vs. $16.6B in 2024)
The proposal comes after Musk’s 2018 pay deal was struck down by a Delaware judge. Shareholders will vote on the plan Nov. 6.
Tesla shares rose 2% premarket following the filing.
From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.