The plan includes twelve interconnected stages, requiring the company to raise its market value to $2 trillion, increase its production to 20 million cars, operate one million self-driving taxis, launch one million human robots, and achieve operating profits of $400 billion. The plan also stipulates that Musk remains in his position for more than seven and a half years to receive full compensation.
To illustrate the magnitude of the amount, spending a trillion dollars at a rate of $40 per second takes about eight centuries. This amount is also equivalent to the value of all homes in Hawaii, estimated at more than 572,000 homes with an average price exceeding $826,000.
This amount can also buy the largest car companies in the world, or build hundreds of giant skyscrapers at a cost of three billion dollars per tower, or buy hundreds of huge ships like the “Icon of the Seas”. It is enough to build a naval fleet close to the size of the US Navy, or manufacture thousands of luxury yachts similar to Jeff Bezos’ yacht, not including the high annual operating costs.
In addition, this amount allows the acquisition of the largest American oil companies such as “Exxon Mobil” and “Chevron”, or even the distribution of a cash amount equivalent to about $3,000 for every American citizen.
Musk’s current wealth exceeds the gross domestic product of several countries, including Denmark, Malaysia and Bangladesh. If Tesla achieves all of its goals, his wealth will approach the size of entire economies such as Switzerland, and will be close to the economy of a country the size of Saudi Arabia.
This level of wealth reflects the size of the economic influence that the head of a private company may have, and his ability to directly influence global markets if Tesla succeeds in achieving its vision in the coming years.
