Elon Musk’s Tesla pay package valued at $158 billion for 2025

World’s richest man Elon Musk’s moonshot compensation package at Tesla came in at $158.4 billion for 2025, according to a court filing.

The pay package was part of a stratospheric compensation plan approved by shareholders last year as a way to motivate Tesla’s chief executive to spend more time at the electric-vehicle maker. The 10-year deal could be worth $1 trillion if Musk hits every milestone, which includes growing Tesla’s market cap to $8.5 trillion.

Musk won’t make the full amount reported, and he has to earn what he does get by hitting significant operational and financial milestones over the next decade.

Musk has already forfeited $26 billion, which was tied to a conditional package known as the “2025 interim award.” He gave up the interim package in April after he won access to a 2018 pay package that had previously been held up in court.

Musk, who is also CEO of SpaceX, had threatened on social media to leave Tesla if he didn’t grow his ownership to 25%, a figure that he said would enable him to control future artificial intelligence developed by the company.

Musk is poised to control 20.3% of the Tesla vote, once he exercises his outstanding options, which he has committed to doing by Aug. 15. In court Tuesday, he said his 2025 ownership in Tesla was around 15%.

Tesla is currently valued more highly than about a dozen other carmakers combined on the premise that it can deliver a future that includes driverless taxis, humanoid robots and ground-breaking advancements in artificial intelligence.

In November, Tesla shareholders approved the landmark compensation package for Musk that could pay out as much as $1 trillion in stock if certain goals are met over the next 10 years.

The goals include growing Tesla to a $8.5 trillion market capitalization — up from $1.2 trillion today — delivering 20 million cars, putting one million robotaxis into service and selling one million humanoid robots. Tesla will likely meet the vehicle-delivery target, the company said in its annual report.

In Thursday’s filing, Tesla valued the 2025 pay package at about $132 billion, assuming all targets are met and taking into account other assumptions, such as share-price volatility over time, under US accounting rules.

The filing also said Musk had 207.5 million Tesla shares that he could use as collateral.

The disclosure Thursday also highlighted business dealings between Tesla and Musk’s other companies. SpaceX paid the automaker $143.3 million in 2025, which primarily went to vehicles. xAI also paid Tesla $430.1 million that year, and $78.1 million in the first two months of 2026. Most of that money went toward Tesla Megapack industrial battery storage, which xAI uses at its data centers.

Tesla also paid other Musk companies for services, including $3.3 million for advertising on the social-media site X, and nearly $1 million to The Boring Company, Musk’s tunnelling startup, for an undisclosed service.