This development, highlighted by a tweet from Eric Jorgenson, "Elon’s Bet: 10x Tesla or Get Nothing. Guess What Happened. https://t.co/I4Jf4l2tnT", signifies a major win for Musk and a testament to Tesla's remarkable growth.
Tesla shareholders recently re-approved a substantial compensation plan for Elon Musk, a package valued at an estimated $1 trillion if all ambitious goals are met. This re-approval, which occurred in November 2025, follows a prior invalidation of the 2018 package by a Delaware court. The renewed plan, approved under Texas law, is tied to a series of "Mars-shot milestones" over a decade, including achieving an $8.5 trillion market capitalization for Tesla.
The original 2018 compensation package was structured around 12 tranches of stock options, contingent on Tesla reaching specific market capitalization and operational milestones. These included targets like 20 million electric vehicle deliveries, 10 million Full Self-Driving (FSD) subscriptions, and the deployment of 1 million humanoid robots and robotaxis. By August 2022, Musk had already qualified for all 12 tranches of his original stock options, demonstrating the company's rapid expansion and value creation.
While the "10x Tesla" phrase in the tweet alludes to the company's significant growth, the re-approved package is even more ambitious, potentially granting Musk 25% ownership of Tesla's stock. This unprecedented payout underscores the company's dramatic increase in value under his leadership and the successful execution of challenging business objectives. The compensation structure was designed to align Musk's personal wealth directly with Tesla's long-term success, a strategy that has evidently paid off handsomely for both the CEO and shareholders.
