 "Elon Musk, Tesla CEO")
Earlier this month Tesla’s shareholders approved a $1 trillion compensation for Elon Musk.
The trillion-dollar man
Tesla’s proposed $1 trillion stock package for Mr Musk is more than a headline-grabbing compensation deal — it raises a series of questions that boards and investors need to ask.
The award is not a salary but an aggressive, performance-linked stock package that vests only if Tesla meets its stretched targets — from multi-trillion-dollar market-cap targets to breakthroughs in robotaxis, artificial intelligence (AI), and humanoid robotics.
As expected, investors are divided on this. Those in support hail it as an alignment of Mr
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
