Tesla Dropping a $1T Pay Package Proposal for Elon Musk

Reported about 7 hours ago

Tesla has proposed a performance-based compensation package for CEO Elon Musk, potentially worth up to $1 trillion over the next decade, contingent on meeting ambitious goals such as deploying a million robo-taxis and increasing Tesla's market cap to at least $8.5 trillion. This proposal, presented in a recent filing, will be voted on by shareholders at the annual meeting on November 6, following the court's dismissal of Musk's previous $50 billion pay package.

Source: YAHOO

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