From NPR.
Tesla’s shareholders have approved a massive pay package for CEO Elon Musk that could be worth up to $1 trillion.
Elon Musk’s previous pay package — a world record too, featuring stock worth more than $55 billion if Musk hit all his targets, which he did — is currently tied up in a legal battle after a shareholder challenged it. The new one is linked to a new set of targets for valuation and earnings and the number of cars and robots sold.
Musk has said it’s not the money that he values so much as the influence the stock represents — influence over Tesla and, more specifically, over the humanoid robots and other AI-powered tech that Tesla might build and sell.


