❌

Reading view

Elon Musk Wins $1 Trillion Tesla Pay Package

Tesla shareholders approved a plan to grant Elon Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.

Β© Maansi Srivastava for The New York Times

Elon Musk, Tesla’s chief executive, had threatened to leave the company if shareholders rejected the pay plan.
  •  

Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan

Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.

Β© Hiroko Masuike/The New York Times

Elon Musk and his critics agree on one thing: The compensation fight is about how much influence he has over Tesla.
  •