Reported about 13 hours ago
Tesla's board has proposed a staggering $1 trillion, 10-year pay package for CEO Elon Musk that could be approved by shareholders at the November meeting. This package aims to keep Musk, considered crucial for the company's future, and includes significant stock awards tied to ambitious performance targets. While experts predict shareholder support despite potential legal challenges, the grand scale of the plan has sparked concerns over corporate governance and its implications for long-term investments in Tesla.
Source: YAHOO