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Home World Tesla performance opens door to Elon Musk payday

Tesla performance opens door to Elon Musk payday

New York (AFP) – Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted Tesla shares, and is eligible for the first batch based on company performance, according to a filing with the US Securities and Exchange Commission.”In particular, 2019 was a record-setting year for Tesla’s annual revenues, year-end cash balance, vehicle production and deliveries, and energy storage deploy…

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newspaper rec300@2x - Tesla performance opens door to Elon Musk payday

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