Elon Musk could become the world's first trillionaire: he will earn $275 million a day

Elon Musk - 54 years old - could become the world's first trillionaire , reportedly earning $275 million a day .
Elon Musk's fortune could experience significant growth, potentially reaching a historic milestone.
This Thursday, November 6, Tesla shareholders approved a compensation package that would make Elon Musk the richest person in the world .
The mega-package approved by Tesla would give Elon Musk an additional 423 million shares over the next 10 years.

According to Tesla, during its shareholders' general meeting, more than 75% voted in favor, although the 15% that already belonged to Elon Musk was not included in the vote.
Upon hearing the news, Elon Musk expressed his gratitude to Tesla for approving the mega-package that would make him the world's first trillionaire .
There are some conditions that must be met for Elon Musk to become the world's first trillionaire.
If Elon Musk wants to receive the full shares that were approved in his favor, Tesla will need to achieve a valuation of $8.5 trillion .
Furthermore, the company will have to meet financial targets to obtain the share package, which will be divided into 12 equal blocks.
With this, Musk would earn $275 million daily ; that is, more than 5 billion 107 million pesos.

For Tesla to achieve such a valuation and for Elon Musk to acquire the shares that will make him a trillionaire, the company will need to increase by 466% .
It should be noted that the outlook for Musk and Tesla is complex, as the company's profits reportedly fell in the first half of the year.
In addition, Tesla could lose billions of dollars due to the US government's reduction of subsidies for electric vehicles.
sdpnoticias




