Tesla Approved Elon Musk's $1 Trillion Pay Plan
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Tesla CEO Elon Musk thanked shareholders for approving a pay package that could reach nearly $1 trillion. Now here comes the hard part — what needs to get done to unlock the full payout.
Musk will also have to prove his worth by driving Tesla’s market capitalization to $8.5 trillion in 12 separate tranches over time. And as Reuters reported earlier, Musk gets paid billions even if he misses targets, and just attains some smaller goals in the short term.