Elon Musk pay plan
A journalist at Reuters has come across a filing from Tesla proposing a new 2025 pay plan for CEO Elon Musk. It’s a performance-based restricted stock that Musk can earn only if big targets are met. Estimated value at grant (for accounting purposes) is about $87.75 billion if all potential awards are ultimately earned. This is not guaranteed pay. There are 12 market-cap milestones, 12 operational milestones. Musk could only receive shares in 12 tranches if Tesla both reaches and sustains very high market-cap levels and hits defined product/EBITDA targets. Any thoughts on this, send them across ASAP as the story is being written today.

