Tolerance.ca
Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Big Pay Package for Musk, With Even Bigger Goals for Tesla

Elon Musk will remain at Tesla under a 10-year, all-or-nothing pay package that demands massive growth.   The agreement, revealed Tuesday in a regulatory filing, requires that Tesla grow in $50 billion leaps, to a staggering $650 billion market capitalization.   To put those demands in perspective, the electric car maker, based in Palo Alto, California, is worth less than $60 billion today. Tesla must hit a series of escalating revenue and adjusted profit targets, only after...


Read complete article

© Voice of America -
Subscribe to Tolerance.ca


Follow us on ...
Facebook Twitter