Tesla reported that its chief executive officer, Elon Musk, has a compensation package for 2025 valued at approximately $158.4 billion, based on a recent regulatory filing. The package stems from a shareholder-approved plan designed to incentivize Musk to dedicate more time to the electric-vehicle maker and achieve ambitious long-term operational and financial goals.

The compensation, which is tied to Tesla reaching significant milestones over the next decade, has not yet been earned by Musk. The package’s potential value could rise to nearly $1 trillion if all targets are met. These objectives include expanding Tesla’s market capitalization to $8.5 trillion from its current level of around $1.2 trillion, delivering 20 million vehicles, deploying one million robotaxis, and selling one million humanoid robots. Tesla reported that it is on track to meet the vehicle delivery target, according to its most recent annual report.

Musk has already relinquished $26 billion tied to a conditional “2025 interim award” component of the plan. He forfeited this interim award in April after securing access to an earlier 2018 compensation package that had been subject to court challenges. In recent legal proceedings, Musk stated that his ownership stake in Tesla for 2025 stands at roughly 15%. He is expected to control about 20.3% of Tesla’s voting shares once he exercises outstanding options by Aug. 15, a move he has committed to completing.

Musk, who also leads aerospace firm SpaceX, has publicly expressed a desire to increase his ownership stake in Tesla to 25%. He has indicated that this level of control would allow him to influence the company’s development of future artificial intelligence technologies.

The regulatory filing also disclosed commercial transactions between Tesla and Musk’s other businesses. SpaceX paid Tesla $143.3 million in 2025, mainly for vehicles. Additionally, xAI, Musk’s artificial intelligence company, paid Tesla $430.1 million in 2025 and another $78.1 million in the first two months of 2026, mostly for Tesla Megapack industrial battery storage units used at xAI’s data centers. Tesla in turn paid $3.3 million to advertise on X, the social media platform formerly known as Twitter, and nearly $1 million to The Boring Company, Musk’s tunneling venture, for unspecified services.

Tesla’s market valuation currently surpasses the combined value of more than a dozen traditional automakers, based largely on investor expectations for the company’s innovations in autonomous vehicles, robotics, and artificial intelligence development. The pay package approved by shareholders in November 2025 is tied directly to these ambitious growth targets, aligning Musk’s compensation with Tesla’s long-term vision.