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Highlights
- Tesla’s plan would grant Musk up to 12% of Tesla stock over a decade, contingent on hitting ambitious growth and profitability milestones.
- Full rewards hinge on Tesla reaching a market cap of at least $8.5 trillion by 2035, plus targeted profitability and production milestones.
- Analysts say the package is meant to keep Musk from leaving Tesla and incentivize him to turn the company into an AI and robotics powerhouse.
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References
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