Musk will have to meet a series of milestones over the next decade to earn it.
Tesla CEO Elon Musk could receive the largest corporate pay package in history worth as much as $878bn if he meets certain performance targets.
Here is what this means, and how Musk could become history’s first trillionaire.
What has been announced?
Musk won a Tesla shareholder vote on Thursday, with more than 75 percent in favour, during the company’s annual general meeting at the electric carmaker’s factory in Austin, Texas.
Under this plan, Musk could be given stock worth $1 trillion over the next decade if he hits certain performance targets. However, he would be required to repay some of this to the company – bringing it down to $878bn.
Musk is already the rich
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