Huge pay package for Musk at Tesla, with ambitious goals
PALO ALTO, Calif. (AP) " Elon Musk will remain at Tesla under a 10-year, all-or-nothing pay package that demands massive growth.The agreement, revealed Tuesday in a regulatory filing, requires that Tesla grow in $50 billion leaps, to a staggering $650 billion market capitalization.To put those demands in perspective, the electric car maker, based in Palo Alto, California, is worth less than $60 billion today.Tesla must hit a series of escalating revenue and adjusted [...]
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