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Tesla proposes package for Musk that could top $1 trillion

December 11, 2019 | TechXplore AI
Tesla proposes package for Musk that could top $1 trillion
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. 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 potentially provides Musk—already the world's wealthiest person—with up to 12% of additional total company shares,