Tesla to award Musk $1 trillion

Story: Tesla’s board proposed a $ 1 trillion compensation plan for CEO Elon Musk.

It would be the biggest corporate payment package in history.

And while trying to turn into a AI and a robotic power center, Musk’s waiting on the automobile manufacturer.

The richest person in the world said that he always needs more shares in the company.

Even as a legal war on the 2018 payment package – then it is worth $ 56 billion – it continues.

The new proposed award is about 18 times the size of the objected plan and is close to the company’s current market valuation.

Earlier this year, Tesla’s Board approved a temporary compensation package for Musk for a limited stock of approximately 29 billion dollars.

He aims to keep him in the rudder at least in 2030.

The new plan emphasizes Tesla’s confidence in Musk because it slows down the demand for home.

Increased competition from Chinese competitors and the pressure of fulfilling AI ambitions.

Musk’s improved payment package supporters, compensation plans incentives in compliance with long -term growth, he said.

In the meantime, critics warn the risks of potential dilution and governance.