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Tesla Proposes Package For Musk That Could Top $1 Trillion

Tesla Inc. Elon Musk United States Donald Trump

Tesla proposed a pay package of up to about $1 trillion for CEO Elon Musk, who has shifted his focus after exiting the Trump adminnistration (Credit: AFP)

Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies.

The plan, which runs for 10 years and must be approved by shareholders, provides Musk with up to 12 percent of current total shares, according to a filing with the US Securities and Exchange Commission.

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Sister Witnessed Florida Woman's Fatal Dolomites Fall After She Left Trail for a Scenic Photograph

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Beyond Musk's Starlink, Ukraine plots its own path to satellite independence

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One subscription that gives you access to news from hundreds of sites

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