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Tesla's board to Elon Musk: Hit these milestones, and we'll make you a trillionaire
The pay package will still need to be approved by a shareholder vote.
"We also recognize the formidable nature of this undertaking and, as a result, the importance of having a leader who is not only willing and capable but eager to meet this challenge. Simply put, retaining and incentivizing Elon is fundamental to Tesla achieving these goals and becoming the most valuable company in history." "Mr. Musk also raised the possibility that he may pursue other interests that may afford him greater influence if he did not receive such assurances," they wrote.
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