TechLife News

ELON MUSK’S TESLA PAY PACKAGE COULD NET HIM $50 BILLION

Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion if he meets lofty milestones over the next decade.

A company filing Wednesday with the Securities and Exchange Commission showed shareholders supported the pay deal by a large margin.

Tesla says the all-or-nothing package is worth $2.6 billion at current

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