Tesla’s New Strategy of ‘Not Paying’ Elon Musk Costs $2.6 Billion

Tesla Motors previously announced that its CEO, Elon Musk, wouldn't be paid unless its already high stock valuation continued to climb. His compensation package — valued at roughly $2.6 billion — is tied to a dozen operational milestones, all of them primarily linked to the company's share price. However, the board has left the strategy's fate […] The post Tesla's New Strategy of 'Not Paying' Elon Musk Costs $2.6 Billion appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA