Part 4/9:
Reflecting on prior large-scale compensation packages, Isaacson emphasizes the remarkable nature of Musk's accomplishments. In 2018, he recalled discussing how a $50 billion pay plan seemed almost impossible to achieve. Yet, Musk surpassed expectations, illustrating that seemingly impossible goals can be realized with determination and innovation.
Currently, Musk's new payout structure involves miles of ambitious targets, such as selling a million fully driverless cars and dramatically increasing Tesla's share price — a sixfold rise. These targets are so lofty that they are often labeled as moonshots, representing some of the most challenging objectives in modern corporate history.