Elon Musk offered one trillion US dollars in jaw-dropping Tesla deal | World | News
Elon Musk may be the world’s first Trillionaire if it hits aggressive goals. Tesla In the next 10 years. In a regulatory file on Friday, the electric car company said that if the company meets certain targets, including car production, stock price and large increases in the abdomen, Mr. Musk will give its shares in a separate package in a separate package in a dozen separate package.
If approved by shareholders, it can make a new payment package Mr. Musk The world’s first trillion dollar manager (£ 740.5 billion). In addition, there will be a new great wage level in the United States. However, returns are non -cash stocks and targets are excessive.
Mr. Musk aroused doubt to transform Tesla into the world’s most valuable automobile company, but he may face more steep rates that hit the targets set by the Compensation Committee of the Compensation Committee.
This is not at least, but to do Tesla’s main job electric vehicles Currently, in a collapse, partly because Mr. Musk entered politics. Tesla shares fell by 25% this year.
In order to get the first stock package equivalent to 1% of the company, Musk would have to convince Tesla that it has doubled its value today.
He would also have to hit a few kilometers of stones. Chipmaker Nvidia is now twice the most valuable company in the world to rise Tesla’s market value to $ 8.5tn (£ 6.3tn) to get all the shares offered and to make it the world’s first trillion dollar man.
In addition to other targets, the sales of all Tesla vehicles would have to reach 20 million, and since it was established more than twenty years ago, it would almost double all its sales.
Mr. Musk would also have to largely expand Tesla’s robot and robotaxi businesses by selling one million boots and one million driverless taxi. Secondly, it is an enterprise that only starts to provide a taxi service and is behind competitors like Waymo.
The proposal is also located for 10 years to stay with Tesla for at least seven and a half years and earn money from any stock and earn the full amount. In addition, the proposed plan would vote more on Tesla.
The home company will organize the annual shareholders’ meeting on 6 November and investors will vote for the new payment package.
Tesla’s last shareholders’ meeting was last year on June 13, investors restored the payment package of $ 44.9 billion ($ 38.95 billion) that was thrown by Mr. Musk’s Delaware judge. At the end of last year, the court canceled the package for the second time. Tesla appealed to the decision.
A condition of the 11th and 12th slices of the payment plan involves the fact that Mr. Musk finds a framework for one of his success as CEO.
This year, the decline in Tesla sales was largely due to a reaction of Mr. Musk on his ties with US President Donald Trump.
Tesla also faces intense competition from Big Detroit automobile manufacturers and China. After aligning himself with a far -right political party in Germany, Mr. Musk rapidly fell in Europe.
According to the European Association of Automobile Manufacturers, sales in 27 European Union, although the general sales of the electric vehicle increased, sales fell by 40% compared to the previous year.
Meanwhile, the Chinese rival BYD’s sales continued to climb rapidly and received a 1.1% market share of all automobile sales per month compared to 0.7% of Tesla.
In the last quarter, Tesla reported that the three -month profits fell from $ 1.39 billion (£ 1.03 billion) to $ 409 million (£ 302.7 million). The income fell and the company’s low expectations in Wall Street were inadequate.
Investors were increasingly concerned about the orbit of the company after Mr. Musk had a lot of time in Washington this year, and became one of the leading authorities in Trump administration to reduce the size of the US government. Since then Drop your consultation role.
Last month, Tesla said that he gave Mr. Musk a stock of $ 29 billion (£ 21.5 billion) for a “transformative and unprecedented” growth despite the sale and decline in the snow.
Tesla said that the grant is a “first step, well -intentioned” way, referring to the leadership of keeping and focusing on Mr. Musk and focusing on him.
Mr. Musk recently said he needed more shares and checks so that he could not be transferred by shareholder activists.
