Why Tesla’s $1T pay-package proposal for Musk “isn’t a golden parachute.” 🪂
Tesla with a records shattering proposal for CEO Elon Musk. The board is offering a performance-based package worth up to a trillion dollars over the next decade, tied to big bets on robo taxis, AI, and pushing Tesla's market cap value to $8.5% trillion. Honestly, I'd like to see more pay packages like this.This is not some type of golden parachute. If Elon were to leave, if he does not hit these milestones, he does not get paid. This shows a complete commitment to Tesla where there may have been questions ...