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News@lemmy.world · 23 hours ago

Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders

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Elon Musk awarded nearly $1 trillion pay package by Tesla shareholders

return2ozma@lemmy.world to

News@lemmy.world · 23 hours ago

cross-posted to:
[email protected]

Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.

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16 hours ago
No,

The full compensation would only be delivered if Musk vaults the company from its present value of $1.1 trillion to $8.5 trillion, a figure that exceeds the current combined market values of Meta, Microsoft and Google-parent Alphabet, the filing says.

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