Tesla has proposed such a huge compensation package for his CEO Alan Musk that if it is approved, Musk can become the first trillionaire in the world. This package will be kept for the approval of shareholders in November, but the condition is that Musk takes Tesla’s valuation trillions dollars in the next 10 years.

This news is being discussed fiercely on social media. One user said, “Probably Musk will use it to go to Mars.” Another user wrote, “Rich and rich are because they spend the earned money in business and investment, while the poor are stuck in debt by spending more.” At the same time, another user taunted, “Employees are working tired, investors are losing and Musk is getting such a big salary, which is more than the GDP of some countries.”

Tesla will have to do so much growth in the next 10 years

According to the Reuters report, if Tesla’s market value reaches $ 8.6 trillion, Musk can get 12% shares of the company i.e. about $ 1.03 trillion. This means that Tesla will have to grow more than $ 7.5 trillion in the next 10 years.

Did you say CEO of 50 Park Investments?

Adam Sarahan, CEO of 50 Park Investments in New York, said, “It is common for the CEO to get a package according to the performance, but its scale is so big that it will now be a part of the discussions of the boardrooms around the world.” At the same time, Professor Brian Quinn of Boston College Law School said, “This package is very big and many questions arise. But Musk has already shifted Tesla to Texas with delaware to avoid such questions.”

Also read-

‘I will always be a friend of PM Modi, India and America …’, Donald Trump’s big U-turn amid tariff controversy