Tesla Proposes Landmark Compensation Deal Tying Musk’s Reward to Trillion-Dollar Growth

Tesla has put forward a groundbreaking new compensation proposal for CEO Elon Musk that could ultimately be worth approximately one trillion dollars, establishing what would be the most substantial executive pay package in corporate history. This extraordinary potential reward is contingent upon the electric vehicle manufacturer achieving a set of monumental operational and financial milestones over the coming decade.

The package, presented by the board of directors on Friday, outlines that Musk could be granted up to an additional 12% stake in the company. These equity awards would be distributed across twelve separate tranches, with each tier unlocked only upon the successful completion of specific, aggressive targets.

Central to the proposal is the requirement for Tesla to achieve a staggering $8.5 trillion market Read more...