Tesla shareholders on Thursday approved Elon Musk’s multibillion-dollar pay package, giving the CEO a pathway to earn as much as $1 trillion if he delivers on a set of long-term performance targets. More than 75% of shareholders backed the plan at Thursday’s meeting, and the announcement was met with cheers. "What we're about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book," Musk told the audience when he took the stage. The package is designed to keep Musk at Tesla long enough to pursue the technological goals he has set for the company. Musk has said Tesla’s progress in areas such as artificial intelligence, self-driving technology and robotics will put it ahead of competitors. If Musk meets all the targets in the plan, he could become the wo
Path to world’s first trillionaire: Tesla clears $1,000,000,000,000 pay package for Elon Musk; T&C apply
The Times of India4 hrs ago
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