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Elon Musk’s trillion-dollar paycheck hinges on Tesla conquering markets where Chinese rivals are pulling ahead.
On November 7, Tesla shareholders approved a $1trillion pay package for the founder-CEO, provided the company’s market value increases by 525% to $8.5 trillion and it sells a total of 20 million cars by 2035. The package also demands the deployment of 1 million robotaxis and the delivery of 1 million humanoid robots.
To meet the 2035 vehicle sales goal, Tesla must sell…
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Elon Musk’s trillion-dollar paycheck hinges on Tesla conquering markets where Chinese rivals are pulling ahead.
On November 7, Tesla shareholders approved a $1trillion pay package for the founder-CEO, provided the company’s market value increases by 525% to $8.5 trillion and it sells a total of 20 million cars by 2035. The package also demands the deployment of 1 million robotaxis and the delivery of 1 million humanoid robots.
To meet the 2035 vehicle sales goal, Tesla must sell…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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