San Francisco Chronicle Business & Technology News - Spoken Edition

Elon Musk’s whopping new pay package


Listen Later

Placing a big, unorthodox bet on their celebrity CEO, Tesla shareholders on Wednesday approved a pay package for Elon Musk that could net him more than $55 billion over the next decade — or, possibly, nothing at all.The package ties Musk’s entire compensation to meeting a series of growth targets — both for the Palo Alto electric auto maker’s revenue and stock price — that many analysts consider outlandish.
...more
View all episodesView all episodes
Download on the App Store

San Francisco Chronicle Business & Technology News - Spoken EditionBy San Francisco Chronicle