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T Tsla Directorate Board proposed a new compensation for CEO compensation in Lon Musk which is $ 1 trillion, marking that it can be the largest package of history.
The Board’s proposal can provide the world’s richest, up to 12% Totala stock, which cost about $ 1 trillion, if the Automaker strikes an aggressive pieces of $ 8.5 trillion in 10 years. The current market value of the company is $ 1.1 trillion.
Musk is currently the owner of 13% of Tesla stock shares. The proposed award is coming in the form of stock protocols, which means he is not able to sell themselves quickly.
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The new compensation program can provide Cesla CEO in Lon Musk up to 12% of Automater. (Chip Somodevilla / Getty / Getty Photos)
“We believe that Elon’s Alon’s viewpoint is important to wander at this point of drop-down.
Denkhol said “Keeping and Removal Elon is important to achieve these objectives and is a very important company in history.”
Tesla is seen a large payment agreement to keep CEO on the board between the law of law
The Board also revealed that while the Musks were guided by Tesla was noticed during the marketing constraints increased in more than 20 times since March 2018, he did not receive the objects of its plan 2017.
However, Musk’s Payment Program is not only in the number of Tesla market but also financial businesses such as 20 billion vehicles and introducing 1 billion Robotaxis in the commercial Robotaxis.
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Tesla will also need to reach $ 400 billion at a fixed apartment, which is important given to Tessela wins $ 16.6 billion in 2024.
Tesla will need to bring 20 million cars in the next 10 years with Musk to get a payment package. (Yichuan Cao / Nurphoto with Getty Photos / Getty Pictures)
Tesla Shares Rose on Friday morning after the publication of the control control.
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This comes soon after Tesla gives new $ 29 billion musks last month aimed at maintaining businessmen to a car business facing robotaxis and humanoid robots.
Elon Musk is seen at the spacex center in Brownville, Texas. (Marvin Joseph / The Washington Post with Getty Photos / Getty Pictures)
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The company describes 96 million prize “as per number of assignments as the Payment” Fine Faith “to honor the Package Package More than $ 50 billion from the Delaware Court in the previous year.
| Holiday | Security | Last | Answer | Switch% |
|---|---|---|---|---|
| Tsla | Tesla Inc. | 338.53 | +4.44 |
+ 1.33% |
Under the terms of such prize, musks may require shares if he is living in the Chief Executive of Tesses for another two years and the court returns to the 2018 Court for the current.
But before that temporary award, the announcements are planned to remain a leader of electric car leaders in the coming years.
Fox Business’ Eric Repell developed this report.
