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Musk’s $1 Trillion Pay Package Hinges on Staggering Performance Targets

From msn.com

The road to the world’s first trillion-dollar fortune is laid with dopamine hits. That’s how Antonio Gracias, a former Tesla Inc. director, once described a pay package offered in 2012 to Elon Musk. Its success encouraged the company to entice its chief executive officer with a “moonshot” award in 2018. Within years, Musk earned it all. Tesla quickly became the world’s most valuable carmaker — and he its richest person. This time around, the company says, it’s offering a “Mars-shot.” Tesla’s board on Friday unveiled a pay package that’s ripped from the same playbook: A massive bundle of equity linked to head-spinning ... (full story)

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