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Tesla Shareholders Vote on Elon Musk’s Massive Pay Plan Today. Here’s What You Need to Know

March 21, 2018

Via: Fortune

Is Elon Musk worth a $2.6 billion compensation package?

Tesla’s shareholders will answer that question Wednesday, as the board seeks their approval to give Chief Executive Officer Musk an unprecedented 10-figure award of stock options.

The package—arguably the largest-ever of its kind—underscores the company’s outsize ambitions and how intimately connected its future success is to Musk. If the plan’s accepted and he turns Tesla into both a mass-market automaker and one of the world’s largest companies, he’ll become perhaps the richest man on the planet.

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