$1 trillion — that’s how much Tesla shareholders approved as a compensation package for Elon Musk.It’s the largest payout ever awarded to a CEO, but it isn’t without some caveats, as @EdLudlow explains https://t.co/w4E2bAmTXg https://t.co/4hS4svZ4UV ...

JOE: FROM BLOOMBERG'S WASHINGTON STUDIO TO TV AND RADIO AUDIENCES WORLDWIDE, WE WELCOME YOU TO "BALANCE OF POWER. " WE START WITH BREAKING NEWS -- TESLA SHAREHOLDERS HAVE JUST APPROVED A TRILLION DOLLAR COMPENSATION PACKAGE FOR CEO ELON MUSK, THE LARGEST PAYOUT EVER AWARDED TO A CORPORATE LEADER. WE START OUR PROGRAM THERE WITH ED LUDLOW, THE COHOST OF BLOOMBERG TECH. SHAREHOLDERS HAVE HAD THEIR SAY AND THERE ARE STRINGS ATTACHED FOR MUSK TO MAKE THIS MUCH MONEY. ED: SHAREHOLDERS HAVE HAD THEIR SAY, AND IN ...

ToplineTesla shareholders approved a compensation package Thursday for CEO Elon Musk that could be worth close to $1 trillion, a deal proposed by Tesla’s board as crucial to keeping the world’s richest man at the company, though the payment plan was challenged in recent weeks by some of the automaker’s largest shareholders. The world’s richest person could have his net worth nearly double under the proposed payment plan.Getty ImagesKey FactsOver 75% of Tesla shareholders voted in favor of the pay package.Sh ...

Tesla shareholders have just approved $1,000,000,000,000 compensation package for CEO Elon Musk, the largest payout ever awarded to a corporate leader. We start our program there right now with Ed Ludlow, the co-host of Bloomberg Tech. And shareholders have had their say.And there are strings attached for Musk to make this much money. Shareholders have had their say, and in the end, more than 75% of the vote went in favor of the compensation package, which is notable given that Elon Musk's concern And last ...

Tesla shareholders approved a $1 trillion compensation package for Chief Executive Officer Elon Musk, the largest payout ever awarded to a corporate leader https://t.co/4BhEfhiq0I ...

Elon's compensation package is half the value of the entire Bitcoin network.Will (@WClementeIII):One trillion dollars ...

$1 trillion or must walks. Is that really what's on the line this evening. No, frankly, you know, the structure of the proposed package is complicated.It is a ten year proposal split into two tranches. And all told, the total compensation would be $1 trillion in dollar value. Right.But actually, what it is set against is a series of both operational and financial milestones. The operational ones are easy to understand. Musk has to deliver 20 million vehicles to customers, build a million robots, scale robot ...

Tesla shareholders are being urged by a second major proxy adviser to vote against CEO Elon Musk’s $1 trillion compensation package, adding to potential hurdles as the carmaker’s board works to secure investor support https://t.co/8fx1DKPhQB ...

Tesla's board chair is defending a proposed 10-year, $1 trillion compensation package for CEO Elon Musk. https://t.co/6tRFETZBs1 ...

Core Insights - Tesla's board has crafted a new $1 trillion compensation package for CEO Elon Musk, aimed at motivating him to achieve 12 ambitious operational milestones, including increasing Tesla's valuation to $8.5 trillion and selling approximately 12 million cars over the next decade [1][2] Group 1: Compensation and Goals - The compensation package is designed to incentivize Musk to meet specific operational milestones [1] - Key milestones include reaching a valuation of $8.5 trillion and selling around 12 million cars in the next ten years [1] Group 2: Musk's External Ventures - Tesla's chair, Robyn Denholm, stated that Musk's involvement in various external ventures, such as SpaceX and Neuralink, positively impacts Tesla by providing motivation and resources [2][3] - Denholm emphasized that Musk's creative energies from outside endeavors benefit Tesla, despite some skepticism about this perspective [3] Group 3: Political Involvement - Tesla's board has expressed concerns regarding Musk's political involvement and has sought assurances that it will diminish in a timely manner [4] - Denholm acknowledged Musk's right to engage in politics but indicated that his previous roles in administration are behind him [4][8] Group 4: Investor Sentiment - Some investors and analysts have voiced concerns about Musk's focus, suggesting that the board should establish ground rules for his political activities [9][10] - Ross Gerber, an early Tesla supporter, argued that the company would benefit from a different CEO who could refocus on Tesla's core mission [11]