Tesla (TSLA) Stock: Musk’s $1 Trillion Pay Plan Wins Shareholder Approval

TLDR Tesla shareholders backed Elon Musk’s $1 trillion compensation package with 75% approval at Thursday’s annual meeting in Austin. The pay structure includes 12 stock award tranches tied to market cap targets from $2 trillion to $8.5 trillion plus operational goals. Musk would receive 423 million additional shares over 10 years, raising his ownership from [...]

The post Tesla (TSLA) Stock: Musk’s $1 Trillion Pay Plan Wins Shareholder Approval appeared first on Blockonomi.