Tesla says Musk should be paid $1tn - will shareholders agree?

Tesla has proposed a compensation package for CEO Elon Musk that could be worth up to $1 trillion over the next decade. The company is vigorously advocating for the plan, which is set to be voted on by shareholders at its annual general meeting on Thursday. The proposed pay deal is structured as a series of performance-based stock options, which would vest only if Musk achieves specific milestones related to Tesla's market value and operational goals. If successful, it would make Musk the highest-paid executive in the world. However, the plan has faced criticism from some investors who argue that it is excessive and not in the best interests of the company. Proponents of the deal contend that it aligns Musk's compensation with Tesla's long-term success and helps to retain his leadership. The outcome of the shareholder vote will have significant implications for Musk's future at Tesla and the company's continued growth and innovation.