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Elon Musk's Trillion-Dollar Payday: Silicon Valley's Most Expensive Ego Trip?

Tesla Model S Bluefire at Tesla Servicecenter Bern Switzerland

In a move that screams peak tech-bro capitalism, Tesla shareholders just rubber-stamped Elon Musk’s mind-boggling $1 trillion compensation package. Over 75 percent of shares voted in favor, essentially giving Musk a blank check to continue his robotic empire-building fantasy.

The Astronomical Price Tag

Musk’s new deal isn’t just a paycheck - it’s a golden ticket that could award him over 423 million additional shares. The catch? He needs to transform Tesla into an $8.5 trillion company, deploy a million robotaxis, and somehow convince the world that his humanoid robot army is something other than an elaborate sci-fi cosplay.

Corporate Drama and Shareholder Skepticism

Not everyone’s drinking the Musk Kool-Aid. Major investors like Norway’s sovereign wealth fund and the American Federation of Teachers have vocally opposed this financial fever dream. The vote comes after a Delaware court previously invalidated his last compensation package, forcing Tesla to relocate to Texas - because apparently, corporate governance is just another playground for billionaire tantrums.

The Uncertain Future

With Tesla’s market position increasingly precarious and competition from Chinese automakers heating up, this pay package looks more like a desperate retention strategy than a visionary reward. The Cybertruck’s lukewarm reception and ongoing challenges in autonomous driving suggest Musk might be writing checks his technological innovations can’t cash.

AUTHOR: mp

SOURCE: The Verge

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