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...

© La Voix de l'Amérique - mardi 23 janvier 2018