Tesla Board Proposes Bonus Package Worth Up to $1 Trillion for Elon Musk

[kit_hung]

Tesla's board of directors has put forward a proposal that could grant CEO Elon Musk a bonus of up to $1 trillion, contingent on the company achieving specific performance targets over the next decade. The proposed compensation plan is tied to Tesla's financial and operational results during this period and would require approval from the company's shareholders before it can take effect.

 

[gwolf666]

It's a massive compensation plan that demonstrates the board's confidence in Tesla's potential. However, it is contingent on very demanding results that may not be easy to achieve. Shareholders will have the final say, and their decision will set an important precedent. If approved, Musk would have an unprecedented incentive to take the company to the next level.

 

[kit_hung]

It's a massive compensation plan that demonstrates the board's confidence in Tesla's potential. However, it is contingent on very demanding results that may not be easy to achieve. Shareholders will have the final say, and their decision will set an important precedent. If approved, Musk would have an unprecedented incentive to take the company to the next level.

You have a point. But is this compensation package corresponding to the perks offered to other stakeholder5s at Tesla?

 

[King Belieal]

They know that the social media presence of Elon Musk would be the leverage that they would ride on to achieve most of their revenue targets.