Tesla's EBITDA Needs 100x Growth to Unlock Musk's $1 Trillion Pay Deal

Tesla's adjusted EBITDA was roughly $3.27 billion as of mid-2026 and shrinking. Elon Musk's $1 trillion pay package, approved by shareholders in 2025, requires $400 billion in adjusted EBITDA by 2035 — a 100-fold gap. Four other conditions (20 million vehicles built, 10 million FSD subscribers, 1 million bots delivered, 1 million robotaxis deployed) also remain far from their targets.