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Highlights
- Tesla has proposed a massive new pay package for CEO Elon Musk that could grow to roughly $1 trillion if the CEO hits performance targets and collects all of the shares awarded.
- The first pair of milestones requires Tesla's market capitalization to reach and sustain $2 trillion and the company to deliver a cumulative total of 20 million vehicles.
- The plan is entirely equity-based with no salary and vests only after at least seven-and-a-half years, aligning Musk's incentives with long-term Tesla performance.
Vote 45
References
Tesla offers massive $1 trillion pay package to Elon Musk
Trillion-dollar man: Tesla proposes unprecedented pay package for Elon Musk
Tesla is proposing a $1 trillion pay package for Elon Musk
Tesla's nearly $1 trillion new pay plan for Musk would expand his voting power
Elon Musk is in line for a $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Market Eyes High As Jobs Loom; $1 Trillion For Elon Musk?
Tesla proposes $1tn award for Elon Musk if he hits ambitious targets
Tesla proposes trillion-dollar compensation package for CEO Elon Musk
Tesla proposes Elon Musk pay package that could make him the world’s first trillionaire | CNN Business
Tesla offers Elon Musk a trillion-dollar pay package
Tesla offers unprecedented $1 trillion pay package to CEO Elon Musk
Tesla to award Musk an unparalleled $1 trillion - depending on performance
Tesla offers Elon Musk staggering pay package that could reach $1 trillion
Elon Musk in line for $1 trillion pay package if Tesla hits aggressive goals over next 10 years
Tesla offers $1 trillion to Elon Musk to unleash his army of robots
How Elon Musk Could Become the World's Next Trillionaire
Tesla offers Elon Musk a $1 trillion pay package
Elon Musk package: Tesla board files $1 trillion Musk pay plan if 12 goals met; targets include robotaxis, AI bots - The Times of India
Elon Musk could become world’s first trillionaire under new Tesla pay deal
Elon Musk could be world's first trillionaire under new Tesla pay package
Tesla seeks $1trn pay package for Elon Musk
Tesla Floats a Trillion-Dollar Pay Plan for CEO Elon Musk
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Elon Musk offered pay that could reach $1 trillion by Tesla
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