- Safi Bello
Tesla stakes Elon Musk’s salary on plan to become bigger than Amazon
The Verge -------- Tesla has announced a new compensation plan for Elon Musk: he’ll only get paid if he reaches certain exorbitant milestones, including a Tesla market valuation of $650 billion. The company’s market valuation goals start at $100 billion and go up in $50 billion increments. (They climb to $150 billion, and so on until the $650 billion mark.) Tesla has a dozen market valuation goals and a dozen revenue and adjusted profit targets. The profit goals are designed to ensure that the company is “also executing well on both a top-line and bottom-line basis” as the company grows in valuation. To learn more click on the picture below to read the article.