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Elon Musk's New Pay Plan Could Make Him Trillionaire

9/14/2025

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Summary

Story summary

Tesla introduced a ten-year compensation plan for Elon Musk, which could make him a trillionaire.
This plan sets targets for earnings and growth, potentially allowing Musk to hold over 25% of an $8.5 trillion company.
Musk's AI company is referred to as xAI in Tesla's proxy statement, though its full meaning remains unconfirmed.
xAI, established in March 2023, merged with Musk's social media company earlier this year, focusing on developing artificial general intelligence (AGI).
The letter "X" features prominently in Musk's various ventures, including SpaceX and X.com.

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Story summary

Tesla introduced a ten-year compensation plan for Elon Musk, which could make him a trillionaire.
This plan sets targets for earnings and growth, potentially allowing Musk to hold over 25% of an $8.5 trillion company.
Musk's AI company is referred to as xAI in Tesla's proxy statement, though its full meaning remains unconfirmed.
xAI, established in March 2023, merged with Musk's social media company earlier this year, focusing on developing artificial general intelligence (AGI).
The letter "X" features prominently in Musk's various ventures, including SpaceX and X.com.