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Tesla offers massive $1 trillion pay package to Elon Musk

Tesla's board of directors proposed a new compensation plan for CEO Elon Musk worth a potential 1trillion,markingwhatwouldbethelargestpaypackageforanexecutiveinhistory.TheboardsproposalwouldgiveMusk,alreadytherichestpersonintheworld,upto121 trillion, marking what would be the largest pay package for an executive in history. The board's proposal would give Musk, already the richest person in the world, up to 12% of Tesla's stock, worth about 1 trillion, if the automaker hits aggressive targets such as a market capitalization of $8.5 trillion as well as other operational milestones over a 10-year period. The company's current market value is about ...