Tesla’s Bold Bet: Elon Musk’s New Pay Package Could Make Him the World’s First Trillionaire
Board unveils massive compensation plan tied to ambitious growth targets, sparking debate over vision, risk, and greed. Tesla has unveiled a staggering new compensation package for CEO Elon Musk that, if realized, could make him the world’s first trillionaire. Already the planet’s richest person, Musk stands to receive up to 423.7 million additional Tesla shares—worth about $143.5 billion at today’s stock value—if the company hits unprecedented growth milestones. The proposed plan, disclosed in Tesla’s latest proxy statement, sets out one of the most ambitious corporate goals ever: increasing Tesla’s market capitalization to $8.5 trillion, a leap from its current valuation … Continue reading Tesla’s Bold Bet: Elon Musk’s New Pay Package Could Make Him the World’s First Trillionaire
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