Tesla plans to pay Musk $1tn - do they really need him that much?

5 hours ago Share Save Lucy Hooker Business reporter Share Save

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A great leader is a huge asset for company, of course, but can anyone be worth $1 trillion? That is the pay packet Tesla shareholders have approved for Elon Musk, as long as he meets the targets they have set over the next 10 years. In the meantime he won't collect a salary, but will presumably throw himself into his work with renewed vigour. He was certainly buzzing with energy as he jigged around the stage at the carmaker's Texas headquarters to rapturous applause, telling the audience

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