Elon Musk could become the world's first trillionaire
Tesla CEO Elon Musk could become the world's first trillionaire. The company's board created a new pay package worth $900 billion if he achieves certain targets.
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Tesla's board approved a huge compensation package for CEO Elon Musk. The package could be worth $900 billion in Tesla stock if he meets difficult company goals. This would make him the first person to have one trillion dollars.
The plan only pays him if Tesla performs very well in sales and market value. Some experts think this is a smart way to keep Musk motivated. Others believe the amount is too high.
Musk has helped Tesla grow from a small electric car company to a global leader. The compensation plan connects Musk's personal wealth directly to Tesla's success.
Original Article
nbcnews.comhttps://www.nbcnews.com/video/elon-musk-could-be-crowned-the-world-s-first-trillionaire-246888005947