21-03-2018 18:34 via theverge.com

Elon Musk’s new $2.6 billion compensation plan approved by Tesla shareholders

Tesla’s shareholders have voted to approve a new 10-year compensation plan for CEO Elon Musk valued at around $2.6 billion in stock options, according to multiple outlets.Musk won’t get the full value in one lump sum, and he might not even get all of it. The compensation is dependent on the company hitting certain milestones in the coming years, including whether or not Musk can usher Tesla to an astronomical market valuation of $650 billion in the next 10 years — an amount th
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