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Is Tesla going to pay Elon Musk $1 trillion

Asked 9 hours ago

Answer

Tesla is offering Elon Musk a performance-based pay package potentially worth $1 trillion, but he receives nothing unless he meets highly ambitious milestones tied to shareholder value and technological achievements.

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CNBC

Tesla offers Elon Musk $1T pay package

CNBC ยท New
CNBC
CNBC
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  • Tesla has proposed a performance-based pay package for Elon Musk, valued at up to $1 trillion. 6s
  • Musk will only receive compensation if he meets ambitious milestones tied to company performance. 12s
  • Key targets include delivering substantial shareholder value and advancing robotaxi and AI initiatives. 1m 10s
  • Analysts see the package as a way to ensure Musk's continued focus and engagement with Tesla. 54s
  • Some discussion remains about Tesla's succession planning, but the package is viewed positively for shareholders. 2m 53s
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References

Tesla offers Elon Musk $1T pay package
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CNBC
12 hours ago
Tesla offers Elon Musk $1T pay package

Tesla introduces a performance-based pay package for Elon Musk, potentially worth $1 trillion if he achieves a series of demanding milestones.

Tesla offers Elon Musk $1T pay package
Icon
CNBC
12 hours ago
Tesla offers Elon Musk $1T pay package

To unlock the $1 trillion package, Musk must deliver $7.5 trillion of value to shareholders and meet other ambitious targets.

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