Elon Musk's pay package is a clear signal that Tesla is done being just a car company

Core Insights - Elon Musk is on a path to potentially become the first trillionaire, contingent on achieving significant milestones tied to his compensation package [1][2] - The compensation structure is designed to retain Musk's unique vision and leadership, which is seen as critical for Tesla's future [2][6] - Tesla's board views Musk's substantial stock compensation as a reward for enhancing shareholder value and mitigating risks associated with his potential departure [6][7] Group 1 - The compensation package is exceptionally large, reflecting Musk's unique capabilities and the need to incentivize his continued leadership [2][6] - Investors believe Musk's vision could significantly increase Tesla's stock value, making his compensation justifiable [4][7] - The ambitious targets Musk must meet to unlock further stock rewards indicate a more restrictive compensation structure compared to previous packages [7] Group 2 - Critics argue that Tesla's heavy reliance on Musk's reputation poses risks, particularly as sales have been affected by his political views [8] - There is concern that focusing too much on Musk could dilute the influence of other stakeholders within the company [8]