07 Nov
07Nov

The article discusses Tesla's Bitcoin holdings and the massive, performance-based $1 trillion compensation package for CEO Elon Musk, which one crypto user noted is exactly half of Bitcoin's current market capitalization.


Tesla's Financial Snapshot

  • Bitcoin Holdings: Tesla currently holds 1,509 BTC, valued at $1.5 billion.
  • Bitcoin Price: At the time of writing, Bitcoin's price is $101,142.16, despite a recent 17% drop over the last 30 days.
  • Market Status: Bitcoin remains the world's largest cryptocurrency, boasting a $2 trillion market cap.
  • Tesla Stock: Tesla's stock closed at $445.91 on November 6, marking a 3.5% decrease for the day.

Musk's Compensation and Crypto Views

Musk's potential $1 trillion pay package is contingent on highly ambitious goals to be met by 2035:

  1. Increasing Tesla's market cap to $8.5 trillion.
  2. Selling 12 million vehicles annually.
  3. Deploying 1 million robotaxis and 1 million humanoid robots.

This staggering compensation amount was highlighted as being half the value of Bitcoin's current market cap ($2 trillion). Furthermore, the company's board chair, Robyn Denholm, reportedly warned shareholders that Musk might leave the company if the compensation package is not approved.

Musk is also noted as a strong believer in cryptocurrencies, having praised Bitcoin on multiple occasions and even confirming that a political party he might launch would "embrace" it.

November 2025, Cryptoniteuae

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