
Is this for real?
On Sept. 5, the Tesla board unveiled an all-new, long-term compensation package for Elon Musk that advertised far and away the biggest numbers in the annals of CEO pay. Put simply, if the EV maker’s CEO hits all the targets, he’d pocket a total payout of $1 trillion over anywhere from mid-2030 to 2035. The template rightly won kudos in the business press and among Wall Street analysts as fabulously friendly to shareholders, who’d garner sumptuous rewards on the order of their winnings in Tesla’s bygone great days.