World’s wealthiest man Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

World’s wealthiest man Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

The net value of those shares would be $878 billion: the package is structured to exclude the value of the stock on the day the board passed the proposal in early September. Musk could either pay that amount in cash or accept fewer shares to account for their original value.

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