Elon Musk Wins $1 Trillion Pay Package
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Elon Musk bounded onstage to dance with a humanoid robot after Tesla shareholders approved a record $1 trillion pay package for the world’s richest man at the company’s meeting in Texas. Investors chanted “Elon!
The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.
Tesla on Thursday will reveal shareholders’ vote on Chief Executive Elon Musk’s new $1 trillion pay package. Norway's sovereign-wealth fund said Tuesday that it has rejected the compensation plan over concerns about its size,