Elon Musk Secures $1 Trillion Payout Package and Announces Tesla AI Gigafactory Construction

• Tesla shareholders approved Musk’s compensation package for the decade ahead.
• The CEO announced plans to build his own AI chip factory.
• Possible cooperation with Intel should strengthen Tesla’s position in the field of artificial intelligence.

Tesla shareholders approved a new compensation package for CEO Elon Musk that could bring him up to $1 trillion in company stock. This will be possible if ambitious production and financial goals are met.

The decision was accompanied by Musk’s announcement of the construction of a giant factory for the production of artificial intelligence chips. It should become the basis of Tesla’s technological breakthrough, the entrepreneur said.

According to the company, more than 75% of shareholders voted in favor of the package, confirming Musk’s credibility as a strategic leader. The entrepreneur himself, surrounded by Optimus robots, said Tesla is “entering not just a new chapter, but starting a whole new book.”

Under the terms of the agreement, Musk will not receive a fixed salary, and his income will depend solely on the growth of the company’s performance. The package is divided into 12 milestones, each tied to profit, margin, and capitalization.

To receive the full amount, Tesla must increase its market value from the current $1.5 trillion to $8.5 trillion over ten years.

The shareholder decision became especially important after a Delaware court invalidated the previous $56 billion compensation plan. Authorities deemed the approval process insufficiently transparent.

The new package, according to analysts, symbolizes not only the restoration of trust, but also Musk’s desire to strengthen control over Tesla. Now he owns about 15% of shares, and he has repeatedly stated that he wants to increase the share to 25% to maintain independence in making key decisions.

At the same time, Musk announced the construction of his own factory to produce chips for artificial intelligence, calling the project a “Tesla terafactory.” According to him, even with maximum supply rates from partners like TSMC and Samsung, the production volume will be insufficient to meet the company’s growing needs.

The CEO allowed for the possibility of a partnership with Intel, saying the parties “have not signed an agreement yet, but it’s probably worth discussing the details.”

Musk estimates that the fab should produce at least 100,000 semiconductor wafers per month. It will also ensure the creation of energy-efficient chips that will consume three times less power than Nvidia’s flagship Blackwell solutions, the businessman said.

Musk also confirmed that Tesla is working on the fifth generation of AI processors, the AI5 chip, with mass production planned for 2027. The next version, AI6, according to Musk, will be able to double in performance by mid-2028.

These processors will be key to autonomous driving systems and Tesla’s future directions in robotics and artificial intelligence, the entrepreneur believes.