Tesla has proposed a new 10-year pay package for Musk that could net him a $1 trillion fortune if he achieves certain milestones.

Munster and other Tesla bulls believe he’s right that AI, autonomous vehicles, robotaxis and humanoid robots are the future that will lift Tesla to the $8.5 billion target price, and adjusted operating profits of $400 billion that would be 20 times greater than Tesla’s previous record profit.

The proposal highlights the board's confidence in Musk to steer Tesla in a new direction while reigniting growth as it loses ground to Chinese rivals.