Stock Options

Tesla’s shareholders have given the green light to a monumental compensation package for CEO Elon Musk that could be worth almost $1 trillion in stock, provided he hits a series of demanding performance targets. The plan, which was put to a vote at the company’s recent annual meeting, ties Musk’s future...

In a landmark decision, Tesla’s shareholders have approved a compensation plan that could award Elon Musk shares valued at almost $1 trillion. The colossal package is tied to a series of demanding performance milestones, the most prominent of which is a dramatic increase in Tesla’s market capitalization. Under the agreement, Musk...