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Tesla shareholders approve $1 trillion performance-based pay for Musk tied to major company goals.
Tesla shareholders have approved a performance-based compensation package for Elon Musk that could be worth up to $1 trillion over 10 years.
The plan, consisting of 423.7 million restricted stock awards split into 12 tranches, ties Musk’s rewards to specific financial and operational milestones, including revenue growth, market capitalization, vehicle production, and energy product sales.
Vesting depends on achieving ambitious targets, aligning Musk’s incentives with long-term shareholder value.
The deal reflects a broader trend of using stock-based incentives to drive sustained company performance.
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Los accionistas de Tesla aprueban un pago basado en el desempeño de $ 1 billón para Musk vinculado a los principales objetivos de la compañía.