On November 7, Tesla's (TSLA.O) board of directors, along with a multitude of investors, held the view that, taking a long - term outlook, the compensation plan valued at nearly $1 trillion would be advantageous for shareholders.

As per the plan, Musk is required to accomplish a series of significant milestones to earn his compensation. His objectives for the upcoming decade are as follows:

• Delivering 20 million vehicles. This reflects Tesla's ambition to expand its market share on a global scale and meet the growing demand for electric vehicles.
• Operating 1 million Robotaxis. This indicates Tesla's foray into the autonomous driving taxi service sector, which has the potential to revolutionize the transportation industry.
• Selling 1 million robots. It shows Tesla's diversification strategy into the robotics field, aiming to tap into new markets and technological frontiers.
• Achieving core profits of $400 billion. This highlights Tesla's goal of not only increasing sales but also enhancing profitability to create long - term value for shareholders.

However, for Musk to actually receive his compensation, Tesla's stock value must also experience an upward trajectory. Initially, it needs to surge from the current $1.5 trillion to $2 trillion, and ultimately reach $8.5 trillion.

Under the new compensation plan, Musk will receive stocks in installments. These installments are contingent on Tesla's market capitalization growth, as well as the attainment of profit and sales milestones. Moreover, he will be barred from selling any stocks for seven and a half years.