New Delhi, Sept. 8 -- Tesla has announced what might be the boldest compensation plan ever in the history of corporate compensation. Tesla has announced a compensation plan for Elon Musk that may, in the end, be worth 1 trillion. The suggestion, besides an executive reward, is also the Tesla roadmap of the decade - a bet on artificial intelligence, robotaxis, humanoid robots, and scale autonomy.

The scheme, as outlined in the latest proxy filing by Tesla, would award Musk further shares of Tesla in 12 tranches, assuming that he achieves market capitalization and operating milestones. The commercial ambition is itself startling: the Tesla valuation can rise from about $1.1 trillion today to 8.5 trillion in a decade to become more valuable...