Elon Musk on Track to Become World’s First Trillionaire After Tesla Vote
Elon Musk is officially on course to become the world’s first dollar trillionaire. During Tesla’s latest shareholder meeting in Austin, over 75% of investors voted in favor of a new $1 trillion compensation plan for the company’s CEO — despite resistance from several major proxy advisory firms.
The trillion-dollar approval
The record-breaking compensation package includes twelve tranches of Tesla stock options that Musk can claim upon meeting a series of ambitious milestones. These include reaching a market capitalization of $2 trillion and delivering up to 20 million vehicles annually over the next decade.
The vote marks one of the most significant corporate endorsements in history, solidifying Musk’s status as the most influential — and potentially wealthiest — entrepreneur of the modern era. The plan mirrors the original 2018 structure but scales it up dramatically to reflect Tesla’s growth and the expansion of Musk’s business ecosystem.
Beyond Tesla: AI and xAI integration
Alongside this decision, Tesla is reportedly exploring a potential investment in Musk’s AI startup, xAI. The move could deepen integration between Tesla’s autonomous driving division and xAI’s rapidly evolving large language model technology.
Musk emphasized during the meeting that artificial intelligence is becoming a central pillar of Tesla’s long-term vision. “xAI will not only make our cars smarter,” he said, “it will redefine how robots interact with people.”
Optimus and the future of robotics
The CEO once again highlighted the progress of the humanoid robot Optimus, suggesting it could play a transformative role in reducing poverty and ensuring universal access to healthcare. “Imagine a world where robots perform labor and free humans for creative pursuits — or even serve as crime deterrents,” Musk remarked, hinting at a broader societal impact for Tesla’s robotics division.
Freedom and controversy
Notably, the new compensation plan imposes no restrictions on Musk’s political activities and does not require a minimum number of working hours at Tesla. This flexibility allows him to remain active across his expanding portfolio — including SpaceX, xAI, Neuralink, and X (formerly Twitter) — while maintaining leadership at Tesla.
While critics question the concentration of power and potential governance issues, supporters argue that Musk’s leadership is unparalleled in driving technological transformation across industries.
The road to the trillion
If Tesla’s valuation reaches the targeted $8.5 trillion market cap, Musk will receive all twelve tranches of his compensation plan — officially becoming the first individual in history to accumulate a net worth exceeding one trillion dollars. Whether this will be seen as visionary or excessive remains a subject of intense debate, but one fact is clear: Elon Musk continues to shape the future faster than anyone else on Earth.
Editorial Team — CoinBotLab