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Tesla's board proposes new compensation plan for CEO Elon Musk valued at about $1 trillion
The proposed package, which would be the largest in corporate history if approved, underscores Tesla's bet on Musk to steer its transformation from a carmaker into a technology powerhouse. Overview of Elon Musk's 2025 CEO Performance Award The 2025 CEO Performance Award is a proposed performance-based restricted stock award for Elon Musk at Tesla, designed to incentivize long-term growth and retain him in a leadership role. It is structured as an equity grant contingent on achieving ambitious performance milestones, building on the framework of prior awards like the 2018 CEO Performance Award but with significantly higher targets reflecting Tesla's...