Elon Musk may become the world’s 1st trillionaire

Tesla, which is leaning heavily into robotics and artificial intelligence, said in the regulatory filing that the package has a dozen share tranches that include awards for Musk if targets ranging from car production to the total value of the company are met over that time period. Globle news reported.

The company would have to reach a market valuation of $2 trillion and achieve 20 million vehicle deliveries very early in the plan for Musk to receive the payout. Tesla delivered fewer than two million vehicles in 2024.

It would also be required to have one million robotaxis in commercial operation and one million artificial intelligence bots delivered.

Musk, who is already the world’s richest person, would need to remain with Tesla for at least seven-and-a-half years to cash out on any stock, and 10 years to earn the full amount.