New York, Sept 5, 2025 (AFP) - Proposed Tesla pay package could make Musk world's first trillionaire

NAMPA / AFP

2025-09-05

Tesla's board on Friday proposed a pay and "performance" package that could make CEO Elon Musk the globe's first trillionaire if the US electric vehicle maker meets required milestones under his leadership. The plan, which runs for 10 years and must be approved by shareholders, provides for the granting of shares to Musk based on Tesla's market valuation, according to a filing with the US Securities and Exchange Commission. The maximum number of......

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