Tesla Proposes a Trillion-Dollar Pay Package for CEO Elon Musk

Reported 2 days ago

Tesla has presented a potential compensation package for Elon Musk that could amount to $1 trillion, contingent upon achieving specific performance goals and increasing the company’s market cap to $8.5 trillion. This plan is designed to retain Musk, who has previously indicated intentions to leave unless certain assurances are met. To earn full compensation, Musk must meet various operational milestones, including vehicle delivery targets and maintaining significant market caps over time.

Source: YAHOO

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