Elon Musk has done it again. He has made history, stirred debate, and rewritten every rule of corporate pay.
At Tesla’s annual shareholder meeting in Austin, investors approved a staggering $1 trillion compensation plan for the world’s most talked-about CEO. The figure sounds almost unreal, but the terms behind it are even more ambitious. Musk will not earn a single dollar unless Tesla achieves what the company calls “Mars-shot milestones.”
advertisement
This is not a regular CEO bonus linked to yearly profits. It is a ten-year bet on whether Tesla can dominate electric vehicles, artificial intelligence, and robotics all at o
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.