Tesla shareholders approved a $1tn compensation plan for CEO Elon Musk on Thursday, awarding the world’s richest person what would be the largest corporate payout in history if he meets the goals necessary to receive it. The pay package, which several high-profile investors opposed, demonstrates that shareholders still believe Musk can lead the automaker in […]
Tag: 1tn
Tesla shareholders approve Elon Musk pay package worth nearly $1tn
Tesla shareholders have approved a record-breaking pay package for boss Elon Musk that could be worth nearly $1tn (£760bn). The unprecedented deal recommended by the firm’s board, cleared a vote from shareholders at the firm’s annual general meeting on Thursday. The deal requires Musk, who is already the world’s richest man, to drastically raise the […]