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Tesla offers Elon Musk staggering pay package that could reach $1 trillion

Tesla unveiled a staggering new pay package for CEO Elon Musk that could reach an unprecedented 1trillionpotentiallyreignitingoneofthecorporateworldsfiercestbattlesoverexecutivecompensation.The10yearplan,disclosedinaproxyfilingFriday,tiesMuskspayouttoadozenmilestones,includinggrowingTeslasmarketvaluemorethaneightfoldto1 trillion — potentially reigniting one of the corporate world’s fiercest battles over executive compensation.The 10-year plan, disclosed in a proxy filing Friday, ties Musk’s payout to a dozen milestones, including growing Tesla’s market value more than eightfold to 8.5 trillion and hitting ambitious targets in robotaxis, robotics and artificial intelligence.Tesla is currently worth about $1.09 trillion. 3 T ...