Tesla’s New Strategy Includes ‘Not Paying’ Elon Musk and an Astronomical Share Price

Tesla Motors has announced that its CEO, Elon Musk, won't be paid unless its already high stock valuation blasts into the stratosphere. The executive's compensation is now tied to a dozen operational milestones. The first of these requires bringing the company's current market cap to $100 billion, followed by 11 more set at $50 billion increments. Agreeing […] The post Tesla's New Strategy Includes 'Not Paying' Elon Musk and an Astronomical Share Price appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA