As Tesla shareholders prepare to vote on a compensation package that could make Elon Musk the first trillionaire in history, doubts are surfacing about whether the billionaire innovator remains a wise bet for investors.
The vote centers on an unprecedented pay deal for Musk, already worth over $400 billion (£306 billion). If approved, he would receive about 425 million Tesla shares, potentially lifting his wealth to nearly $1 trillion (£760 billion) and increasing his ownership stake from 15% to almost 30%.
The Tesla board has urged shareholders—particularly small investors—to back the plan through online ads and promotional videos. Their core argument is that Tesla stands at a defining moment in its development.
“Tesla is at a turning point. Yes, it wants to sell millions of cars, but it also wants to be a pioneer in robotaxis, AI-driven humanoid robots, and autonomous driving software.”
For Musk, the deal is not just about money. It would strengthen his control of the company and give him the influence to push forward bold projects in artificial intelligence and robotics, the technologies he believes will shape Tesla’s future.
Tesla’s shareholder vote on Musk’s massive pay package could mark both a new era of corporate reward and a crucial test of how much faith investors still place in his ambitious vision.