Tesla Board Chair Defends Elon Musk's Proposed $1 Trillion Compensation Package

September 14, 2025 - 12:48

Tesla's board chair is standing by the controversial proposed 10-year, $1 trillion compensation package for CEO Elon Musk, describing the debate surrounding it as somewhat peculiar. The package, which has sparked significant discussion among shareholders and analysts, is designed to align Musk's incentives with the long-term performance of the company.

Critics argue that such a staggering amount is excessive, especially in a time when many companies are reevaluating executive compensation in light of economic challenges. However, the board chair emphasized that the proposal is rooted in the belief that Musk's leadership has been instrumental in Tesla's remarkable growth and innovation in the electric vehicle market.

Supporters of the package argue that it is a reflection of Musk's unique contributions to the company and the broader automotive industry. As Tesla continues to expand its operations and develop new technologies, the board remains steadfast in its commitment to ensuring that Musk's interests are aligned with the company's future success. This ongoing debate highlights the complexities of executive compensation in today's corporate landscape.