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Tesla Announces New Compensation Plan: Musk Might Become World’s First Trillionaire

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On September 6, 2025, Tesla announced a new compensation plan that could make CEO Elon Musk the world’s first trillionaire if the company achieves several extremely ambitious targets over the next ten years. The plan grants Musk company shares in 12 tranches, totaling up to 12% of the company, tied to metrics including vehicle production, stock price, and operating profit. Once approved by shareholders, Musk could acquire enormous wealth through these shares, though the targets are extremely demanding.

Analysts note that to earn the first tranche, equivalent to 1% of company shares, Musk would need to convince investors to raise Tesla’s market value to $2 trillion and achieve other milestones; to fulfill all conditions, the company’s market value would need to reach $8.5 trillion, far exceeding the world’s current most valuable companies. The plan also requires sales of 20 million vehicles and one million units each in robotics and self-driving taxi businesses. Musk must remain in his role for at least seven and a half years, with full vesting after ten years.

However, Tesla’s EV growth has slowed, partly due to Musk’s political stances, especially alliances with Trump and far-right groups in Germany, leading to a 40% drop in European sales. Chinese competitors like BYD continue to expand, and Tesla’s market share lags behind rivals. Recent quarterly earnings showed a significant profit decline and revenue below expectations. Investors worry about Musk’s activities in Washington and social media remarks impacting the brand, but analysts consider the plan prudent since Musk remains Tesla’s greatest asset. The company will hold a shareholder meeting on November 6 to vote on the plan and grant Musk additional voting rights to prevent shareholder activism from affecting company control.

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Trump Holds Talks with Xi Jinping and Japan’s Prime Minister Sanae Takaichi Within 24 Hours

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U.S. President Donald Trump spoke with Chinese President Xi Jinping and Japanese Prime Minister Sanae Takaichi within a 24-hour period.

According to Chinese official sources, Xi spoke with Trump late on the night of November 24, during which both leaders reiterated the importance of maintaining communication. Xi stated that U.S.-China relations have “remained stable” following the Busan meeting and emphasized that the two countries should promote cooperation on the basis of mutual respect. During the call, Xi reiterated China’s stance on the Taiwan issue, highlighting the importance of national sovereignty and territorial integrity.

Following the call, Trump posted on social media, describing U.S.-China relations as “very solid” and disclosed that he had accepted an invitation to visit China in 2026, without providing further details.

Approximately one day later, Trump held another call with Japanese Prime Minister Sanae Takaichi. According to Japanese sources, the call was initiated by Trump and focused on U.S.-China relations and regional developments. Takaichi stated that both sides confirmed they would continue to maintain close communication and described her exchanges with Trump as “maintaining good communication.”

Neither call disclosed specific policy details, but the fact that the U.S. communicated with both Beijing and Tokyo in quick succession is seen as a signal of keeping diplomatic channels open.

Amid rising tensions between China and Japan, the Japanese government has firmly refused to retract Takaichi’s earlier remarks regarding a “Taiwan contingency,” stating that peace in the Taiwan Strait concerns the international community and emphasizing that its position is “fully maintained.” China has recently issued a series of countermeasures against Japan, including flight restrictions and travel advisories, further straining bilateral relations.

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US Envoy Denies Bias as Sudan Ceasefire Push Faces Setbacks

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Massad Boulos, US President Donald Trump’s senior adviser for African affairs, has rejected accusations that Washington’s latest Sudan peace proposal is “tilted” in favour of the Rapid Support Forces (RSF), stressing that such claims are “baseless.” Rising tensions between the Sudanese army and external mediators in recent days have further derailed peace efforts in the civil war, now in its third year.

Sudanese army chief Abdel Fattah al-Burhan said on Sunday that the latest ceasefire proposal was unacceptable, criticising any plan involving the United Arab Emirates as “one-sided” and excluding the military. He accused Boulos of attempting to “impose conditions” and warned the envoy risked becoming an obstacle to peace. The UAE has denied supplying the RSF with weapons or foreign mercenaries, and Boulos dismissed the army’s allegations as unfounded.

The “Quad” — comprising the United States, Saudi Arabia, Egypt and the UAE — proposed a three-month humanitarian ceasefire in September, to be followed by a permanent truce and a transition to civilian rule. However, the Sudanese army rejected foreign involvement. UN experts have said allegations that the UAE is providing military support to the RSF are credible, though the UAE has repeatedly denied them.

Meanwhile, the RSF this week announced a unilateral three-month ceasefire, saying it was in response to Trump’s efforts to end the war. The army, however, accused the RSF of subsequently attacking the town of Babanusa in West Kordofan state, indicating the ceasefire has not been upheld. Earlier this month, the capital Khartoum, under army control, was also hit by drone strikes.

Since fighting erupted in April 2023, both sides have been accused of war crimes. After the RSF seized el-Fasher, the last major town in the Darfur region, the group was accused of carrying out mass killings, ethnic cleansing and sexual violence. The RSF has denied the allegations, though its leader has announced an investigation.

The conflict has displaced around 12 million people and has been described by the UN as one of the world’s worst humanitarian crises. US officials previously estimated the death toll could be as high as 150,000, though no comprehensive count exists.

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UN Launches Selection Process for New Secretary-General, Growing Calls for a Female Leader

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The selection process for the next United Nations Secretary-General officially began on November 25, as the Security Council and the President of the General Assembly issued a joint letter to all 193 member states inviting nominations. The new Secretary-General will take office on January 1, 2027, succeeding current Secretary-General António Guterres.

In the joint letter, the Security Council and the General Assembly President highlighted that no woman has ever served as Secretary-General in the UN’s 80-year history, urging member states to actively consider female candidates in their nominations. The letter also stated that the selection process must ensure regional diversity and representation within the organisation’s leadership.

Three candidates have so far publicly announced their bids, including two women — former Chilean president Michelle Bachelet and former Costa Rican vice president Rebeca Grynspan — as well as Argentine diplomat and International Atomic Energy Agency Director-General Rafael Grossi.

Under the procedure, the Security Council will conduct multiple rounds of “straw polls” by secret ballot, with members choosing to “encourage,” “discourage,” or express “no opinion” on each candidate. A candidate can only move forward with consensus if none of the five permanent members — the United States, the United Kingdom, France, Russia and China — exercises its veto.

According to the UN Charter, the Secretary-General holds administrative, diplomatic and advocacy responsibilities. The current Secretary-General oversees more than 30,000 civilian staff and approximately 60,000 peacekeeping personnel. The UN’s core budget is about US$3.7 billion, while the peacekeeping budget stands at roughly US$5.6 billion.

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