Tesla’s pay package could give Musk billions despite missed targets
Elon Musk’s unprecedented pay package from Tesla could see him pocket billions, even if he doesn’t meet the company’s revolutionary targets.
The compensation plan is structured in a way that allows Musk to earn substantial amounts over time, aligning his financial rewards with Tesla’s performance milestones. Despite the ambitious goals set by the electric car maker, the package ensures significant financial gains regardless of whether all targets are fully achieved.
This approach has sparked debate among investors and industry experts, highlighting both the potential incentives and risks tied to executive pay in transformative companies like Tesla.
https://www.newsbytesapp.com/news/business/tesla-s-pay-package-could-award-musk-billions-despite-missed-targets/story
