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Tesla proposes new pay package for Elon Musk worth up to $1T
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker's car business stumbles and it sets its sights on humanoid robotics and AI.
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI. Tesla wrote to shareholders in a filing with the Securities and Exchange Commission that the company believes the world is at a “critical inflection point” in society, and claims it can usher in an era of “sustainable abundance” by “introducing innovative and affordable technologies at scale.” He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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