The article discusses Elon Musk’s pay package at Tesla and its connection to the company’s stock price. According to Wedbush analyst Dan Ives, Tesla’s stock could reach $500 by 2024, which would unlock the final tranche of Musk’s massive pay package worth around $750 million. Ives believes that Tesla’s strong demand, production ramp in Austin and Berlin, and the potential for an “Optimus” robot could drive the stock higher. However, he also notes that competition from legacy automakers and supply chain issues pose risks. The article highlights Musk’s unique pay structure, which is entirely tied to operational milestones and Tesla’s market capitalization. If Tesla’s market cap reaches $650 billion, Musk could receive the final tranche of his pay package, which is one of the largest corporate pay deals ever.