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Business Insider
21 days

5 major takeaways from Tesla's $1 trillion pay package proposal for Elon Musk

1. Tesla proposes a new $1 trillion pay package for Elon Musk. 2. Musk must double Tesla's valuation to unlock initial share tranches. 3. The package requires Musk to establish CEO succession planning. 4. Board warns Musk may leave if deal isn't approved. 5. Successful execution hinges on ambitious operational milestones.

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FAQ

Why Bullish?

Musk’s incentives align with aggressive growth targets, which could drive stock value up.

How important is it?

The unprecedented nature of the compensation package signals a strong growth ambition.

Why Long Term?

Achieving targets for valuation and operational milestones will take several years.

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