Reported 2 days ago
Tesla Inc. has introduced a groundbreaking compensation plan for CEO Elon Musk, valued at approximately $1 trillion, contingent on Musk achieving ambitious benchmarks over the next decade. The proposal aims to incentivize Musk to lead the company towards expanding its market value from $1 trillion to $8.5 trillion and grow its robotaxi business. This package replaces a previous $50 billion one that was invalidated by a court. The deal emphasizes Musk’s critical role in Tesla's future amidst his various commitments, including other companies and political interests.
Source: YAHOO