Musk Projected To Potentially Become World's First Trillionaire

Tesla CEO Elon Musk could potentially become the world's first trillionaire if his company meets its extremely aggressive targets during the next decade, according to documents released by the company and obtained by ABC News.

Tesla, which is heavily integrating robotics and artificial intelligence, said that a $1 trillion payout is possible if targets set by Musk, who would be granted 423.7 additional shares as part of its new pay package. The goals range from car production to the company's total value, are met within the next 10 years, which would rely on Tesla reaching a market valuation of $2 trillion and delivering more than 20 million vehicles to accomplish, having delivered less than 2 million in 2024.

The milestone will hinge on a million robotaxis being used in commercial operation, as well as the delivery of 1 million AI bots, while Musk, who is already the world's richest person with an estimated net worth of $430.9 billion, will need to stay on as Tesla's CEO for at least seven and a half years to cash out any stock and 10 years to earn the full amount. Tesla's shares have, however, plunged over the past year in the United States following Musk's endorsement of President Donald Trump, as well as in Europe due to his alignment with a far-right German political party, according to ABC News.