Musk commits to Tesla for long haul in stock-only pay plan

Elon Musk is willing to bypass his salary for ten years. On the other hand, he could become USD 55.8 billion richer if his major growth plan is successful.

by Tom Lavell and Dana Hull, Bloomberg

Billionaire Elon Musk set a series of aggressive growth targets at Tesla Inc. that would make the electric carmaker one of the world's most valuable companies within the next decade, and assured shareholders he'll stick around by tying his compensation to those goals.

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