<div id="readability-page-1"><div><div>                                                                                                                                                    <p>When a company’s board approves a significant pay package, look out below. For Tesla (TSLA), the reaction on the share price is the opposite.</p><p>TSLA stock rose by 3.6% to close at $350.81 after the board proposed a $1 trillion pay package for CEO Elon Musk. Shareholders will vote on November 6 to approve the issuance of 423 million shares.</p><p>Stock markets assigned a high value to securing Musk as Tesla’s CEO. Moreover, the pay must meet several performance targets. Tesla must hold a $2 trillion market capitalization, where each tranche of $500 billion in market cap unlocks the next tranche. The firm needs to sell 10 million active full self-driving subscriptions, deliver one million Optimus robots, and have a million Robotaxis in operation. </p><p>Tesla also needs to sell 20 million vehicles. Unfortunately, the quarterly EV sales declines suggest that Musk will not meet the performance targets.<br/>The company still has a damaged brand. The CEO’s involvement in politics could potentially hurt the brand value permanently. More importantly, the current government is winding down EV tax credits. Without $7,500 in credits, sales in the U.S. will continue to fall.</p><p>In Sweden, Tesla registrations fell by 84%, to 210 vehicles, in August. The sales downtrend is spreading globally.</p><p>Musk has an uphill battle from here to earn the $1 trillion payout.</p></div></div></div>

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<p>Tesla's board has approved a $1 trillion compensation package for CEO Elon Musk, leading to a 3.6% rise in TSLA stock to $350.81. Shareholders will vote on this proposal on November 6. The compensation is tied to performance targets, including a $2 trillion market cap and significant sales milestones. However, declining EV sales and potential brand damage due to Musk's political involvement pose challenges. In Sweden, Tesla registrations plummeted by 84% in August, indicating a global sales downtrend.</p>

- Tesla's stock rose by 3.6% to $350.81 after the board proposed a $1 trillion pay package for CEO Elon Musk, with a shareholder vote scheduled for November 6.  
- The pay package is contingent on meeting several performance targets, including achieving a $2 trillion market cap and selling 20 million vehicles, but recent declines in EV sales raise concerns about meeting these goals.  
- Additionally, the company's brand is damaged, and the reduction of EV tax credits may further impact sales, as evidenced by an 84% drop in Tesla registrations in Sweden in August.

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Warning: Board Approved Tesla's $1 Trillion Compensation