Elon Musk's Path to Trillionaire Status: Shareholder Vote Paves the Way

Fri Nov 07 2025 03:05:23 GMT+0200 (Eastern European Standard Time)

In a historic shareholder vote, Elon Musk secures a chance to become the world’s first trillionaire through an ambitious pay package that could yield stock worth $1 trillion based on performance over the next decade.

Elon Musk's recent shareholder approval at Tesla allows him to potentially earn shares worth $1 trillion by meeting ambitious targets over the next ten years. Despite concerns over his management style and Tesla's current struggles, investors demonstrate their confidence in Musk's vision and capabilities. The plan involves significantly increasing Tesla's market value, vehicle production, and deploying a 'robot army' of humanoid robots, all while facing criticism from several large investors. As Tesla shares rose after the announcement, Musk emphasizes that the motivation behind the vote was also about increasing his stake in the company.

NEW YORK (RTWNews) — Elon Musk takes a significant step toward becoming history’s first trillionaire following a shareholder vote on Thursday that approved a plan granting him the opportunity to earn stock worth $1 trillion based on specific performance achievements over the next decade. This decisive vote follows a lengthy discussion that stirred much debate about Musk's management record at Tesla.

More than 75% of shareholders present at Tesla's Austin, Texas headquarters supported the initiative, demonstrating confidence in Musk despite the company facing declining sales and market challenges. 'Fantastic group of shareholders,' Musk declared after the vote count, urging investors to 'Hang on to your Tesla stock.'

This vote signifies not just Musk's personal financial future but reflects a belief among investors in his potential to navigate Tesla through turbulent times. Investors must contend with Musk's controversial decisions, including venturing into political discourse, which contributed to a drop in car sales and market share this past year.

Three days prior to the vote, reports surfaced detailing a steep decline in Tesla sales across Europe, with German numbers representing a staggering 50% drop.

Nonetheless, many Tesla investors view Musk as an extraordinary figure capable of remarkable business feats, including Kardashian-like escapes from near bankruptcy just a few years ago.

This newly approved compensation plan grants Musk not only substantial shares but also an increased stake in the company, positioning him with nearly 30% ownership. To realize his trillionaire ambitions, Musk will need to achieve challenging targets, including exponentially increasing Tesla's market value and delivering a projected 20 million electric vehicles over the next decade. Furthermore, Musk aims to deploy over one million humanoid robots, his 'robot army,' which is envisioned to revolutionize workplaces and homes.

Musk's potential wealth increase hinges on fulfilling various milestones, allowing him to gradually earn new stock options as he approaches ultimate corporate goals.

The board's decision to grant Musk such a pay package faced backlash from major investors and watchdogs, who perceived Musk's recent behavior as reckless. Critics argued that the compensation offered was disproportionately expensive, but supporters maintain that such incentives are necessary for Musk to maintain focus on the company's ambitious growth.

In response to shareholders' supportive vote, Tesla shares witnessed a slight increase, affirming investors' optimism regarding Musk's leadership and the company's future.