HomeBusinessElon Musk faces trial for his $56 bn Tesla compensation package.

Elon Musk faces trial for his $56 bn Tesla compensation package.

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By lapaasindia
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  • Elon Musk is facing trial over his $56 billion Tesla compensation plan, which investors believe the CEO constructed to support his aspiration to colonise Mars.
  • When financial goals are reached, Musk can use his compensation package to buy 1% of Tesla stock at a discount.
  • Tesla defended the compensation package by claiming that it significantly increased shareholder value by a factor of ten.

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