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Elon Musk might be paid billions or nothing below Tesla’s 10-year plan

Elon Musk has rather a lot using on the expansion of Telsa: his complete paycheck.

The electrical automobile producer mentioned Tuesday new 10-year compensation plan for Musk, its chief government, may lead to a windfall for the billionaire entrepreneur if the corporate’s inventory worth rises sharply.

If the inventory hits not one of the 12 milestones set by Tesla, Musk would get nothing.

“Elon will obtain no assured compensation of any sort — no wage, no money bonuses, and no fairness that vests just by the passage of time,” Tesla introduced.

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