In a significant move, Norway's sovereign wealth fund has voted against a proposal to grant Tesla CEO Elon Musk a staggering $1 trillion compensation package, raising concerns about executive pay and shareholder interests.
Tesla’s board has unveiled a staggering new compensation plan for Elon Musk, potentially worth $1 trillion by 2035. But with current production challenges, can he deliver the ambitious targets?
Tesla's board has proposed a groundbreaking compensation plan for Elon Musk that could elevate his wealth to over $1 trillion. The plan hinges on ambitious benchmarks, including the launch of one million Robotaxis and humanoid robots over the next decade. Shareholder approval is required for this unprecedented package, which aims to keep Musk focused on Tesla's growth.
Tesla's board proposes a staggering pay package for CEO Elon Musk, potentially worth $1 trillion. This move aims to incentivize Musk during a crucial phase for the electric car giant as it strives for ambitious growth targets.
