Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies.

The plan potentially provides Musk -- already the world's wealthiest person -- with up to 12 percent of additional total company shares, according to a filing with the US Securities and Exchange Commission.

To reach the full award, Tesla must reach a market capitalization of "at least $8.5 trillion by 2035," according to the filing, which announced a shareholder vote on the proposal in November.

Tesla's current market capitalization is just over $1 trillion, down somewhat from its peak following recent weak earnings. Analysts have attributed some of the sales woes to Musk's embrace of far-right p

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