Elon Musk's $1 Trillion Pay Package Requires Tesla Stock to Grow Roughly Sixfold to an $8.5 Trillion Market Cap
The fortune being put on the table here is admittedly outrageous. So are the goals that must be met to earn it.
Overview
By virtue of owning over 40% of the company, Elon Musk briefly achieved trillionaire status shortly after Space Exploration Technologies (better known as SpaceX) went public in mid-June and temporarily reached a $2.44 trillion market cap shortly thereafter.
SpaceX isn't Musk's only path to reaching trillionaire status again, however. He can also do the same by leading Tesla (NASDAQ: TSLA) to (much) bigger and better things.
Details
Tesla's board of directors has laid out a highly detailed, highly aggressive path of milestones that would allow Elon Musk to become a trillionaire again.
Source
Originally published at www.fool.com.
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