With a net worth pegged at $676 billion as of Dec. 16, 2025, per Forbes, Tesla CEO Elon Musk is far-and-away the richest man on Earth — the next closest competitor being Larry page, co-founder and board member at Alphabet, with $254.2 billion (far less than half of Musk’s total). Let’s find out not only how much he makes per day, but also how much he makes while you are sleeping. Read This: If Mark Zuckerberg’s Wealth Were Evenly Distributed Across America, How Much Money Would Every Person Get? Trending ...

Tesla Shareholder Vote & Elon Musk's Pay Package - Betting markets indicated a high probability (90+%) of Elon Musk's pay package being approved [2] - Arch Invest believes Elon Musk deserves the pay package if he delivers a 41% compound annual rate of EBIT growth for the next 10 years [4] - Arch Invest disagrees with ISS and Glass Lewis's research, believing they don't understand Tesla's long-term vision and the need for pay-for-performance alignment [6] Tesla's Valuation & Future Growth Drivers - Arch Invest has a 2030 price target of $2600 for Tesla, with 90% of that valuation attributed to robo taxis [7] - Humanoid robots currently contribute very little to the $2600 price target, but the target could increase if their development accelerates [8][9] - The complexity of scaling humanoid robots is significantly higher than that of robo taxis [8] AI Competition: US vs China - Arch Invest believes the US is currently ahead of China in AI [11] - China has made significant progress in AI, potentially due to its adoption of open-source software [11] - China's focus on "new productive forces" and technology indicates a strong commitment to AI development [12][13]

Pay Package Approval & Potential Consequences - The approval of Elon Musk's trillion-dollar pay package is under debate, with the board chair indicating Musk might leave if it's not approved [1] - The pay package is contingent on Tesla's stock reaching a market capitalization of $85 trillion [2][3] Market Cap Milestones & Growth - Tesla needs to reach an $85 trillion market cap, divided into 12 tranches, for Musk to receive the full pay package [3] - Achieving this requires an additional $7 trillion in market cap, which is significantly larger than Nvidia's current valuation, and would be 2x of Nvidia [13][14] - Tesla's current market cap is over $15 trillion [12] Board's Stance & Shareholder Voting - The board recommends voting in favor of the pay package, aligning Musk's compensation with shareholder returns and incentivizing innovation and execution over the next 10 years [4][8] - Some proxy advisory firms like ISS and Glass are reportedly against the pay package due to policy concerns, potentially influencing shareholder votes [5] Autonomy & Future Potential - Morgan Stanley suggests that solving autonomy for cars would unlock autonomy for various AI-enabled robotics applications, justifying the pay package if targets are met [10] - The success of the pay package depends on factors like the success of Optimus and advancements in autonomous driving [14]

Core Viewpoint - Tesla Inc is expected to report third-quarter financial results soon, with a bearish outlook from GLJ Research analyst Gordon Johnson, who maintains a Sell rating and a price target of $19.05 [1][2]. Group 1: Analyst Insights - Johnson anticipates that CEO Elon Musk will be "heavy on the optimism" during the earnings call, particularly ahead of the Nov. 1 shareholder vote on Musk's pay package [2][4]. - Despite being bearish, Johnson believes that consensus estimates for Tesla's third-quarter results may be "too conservative" [3]. - The analyst suggests that the narrative Musk presents during the call will significantly influence Tesla's stock performance post-earnings, rather than the actual financial numbers [3][4]. Group 2: Market Expectations - Investors are optimistic about Tesla's performance, with prediction markets indicating an 80% chance that the company will beat third-quarter earnings per share estimates [6]. - Tesla previously reported record third-quarter deliveries of 497,099 vehicles and production of 447,450 vehicles, contributing to positive market sentiment [5][6]. - Over $535,000 has been bet on prediction market Polymarket regarding Tesla's ability to exceed earnings expectations [6].

Core Points - Elon Musk has criticized shareholder proxy advisers Glass Lewis and ISS for opposing his proposed $1 trillion pay package, labeling them as "corporate terrorists" [1][4] - The proposed compensation plan would allow Musk to receive millions of shares if he successfully increases Tesla's valuation from $1 trillion to $8.5 trillion over the next decade, potentially making him the world's first trillionaire [2] - Glass Lewis and ISS have recommended that Tesla shareholders vote against Musk's pay package, citing concerns over shareholder dilution and the potential for excessive pay without exceptional performance [3][4] Company Strategy - Musk's pay package is designed not only as compensation but also to enhance his voting power within Tesla, as he expressed discomfort with the idea of being ousted due to proxy advisers' recommendations [4] - The Tesla board has indicated that retaining Musk is crucial for the company's future success and achieving its ambitious goals [5] Regulatory and Governance Issues - Musk has called for proxy advisory firms to register as investment advisers, arguing that they should face more regulatory scrutiny due to their significant influence on corporate governance [5][6] - He criticized the voting practices of Glass Lewis and ISS, suggesting they often act based on political motivations rather than shareholder interests [6]

Executive Compensation & Corporate Governance - Tesla's board proposes a new pay package for Elon Musk with ambitious targets tied to company performance, including vehicle delivery and market capitalization goals [1][2] - The targets include delivering 20 million vehicles and reaching a market capitalization of $85 trillion [2] - The incentive plan aims to ensure Elon Musk's long-term engagement and focus on Tesla's success [5][6] - Concerns are raised about potential conflicts of interest, particularly regarding Tesla's investment in Musk's AI startup, XAI [20] - Some analysts believe the board is overly reliant on Elon Musk, potentially outsourcing judgment to him [24] Financial Targets & Market Valuation - The market cap target is about $85 trillion, significantly higher than the current market cap of around $15 trillion [2][5] - An analyst's target price for Tesla is $440, implying a market cap of approximately $15 trillion [4] - Achieving the targets would require substantial EBITDA growth, far exceeding current levels; one analyst estimates current EBITDA at $17 billion [7] Strategic Importance of Elon Musk - Elon Musk is considered critical to Tesla's success, with his continued leadership seen as vital [5][19] - A significant portion of Tesla's valuation is attributed to Elon Musk's influence and perceived ability to achieve technological breakthroughs [21][22] - The board's actions suggest they view Elon Musk as Tesla's most important product, prioritizing his motivation and engagement [13]

Executive Compensation - Tesla's board member's brother, Elon, received a new pay package, a down payment on a pay package discussed for years [1] - The board member did not vote on the pay package due to independent director involvement [1] - The board member believes Elon deserves to be paid, noting he has had zero pay for the past six to eight years [2] - The board member defers the decision on Elon's pay to Tesla shareholders [2]

If Elon Musk’s old Tesla pay package is not revived, he can cash in new options worth $24bn. That’s much less than his original award but is still the largest pay cheque in history. The carmaker’s boss says it’s not about the money https://t.co/y8xXsRUu8Q ...