Compensation Plan - Tesla's board approved a new "make good" compensation plan for Elon Musk, granting him 96 million shares, equivalent to approximately $30 billion [2] - The $30 billion represents about 3% of the company's shares [3] - The original 2018 compensation deal would have given Musk the equivalent of close to $90 billion, or 9% of the company, based on achieved milestones [3] - Under the new plan, Musk cannot sell the shares for 5 years, but he can pledge them to take out loans for taxes [5] - The new plan mirrors the original 2018 plan, where Musk was only paid based on performance [6][7] Legal and Future Considerations - The new deal is a "down payment" and will be voided if Tesla wins the appeal on the original 2018 deal [7] - Tesla is considering future steps to align with Elon Musk's focus, potentially including a Tesla investment in XAI [9][11] - The company acknowledges shareholder feedback and is working on next steps to address concerns and keep Elon focused [8][9][10] Financial Implications - Allowing the original plan would have been cheaper from an accounting perspective [13][14] - The exercise price for the shares is $2334 per share [15] - There is speculation that Elon Musk could become the first trillion-dollar individual as early as 2027, contingent on the stock's performance and gains in his companies [14][16]