What Elon Musk’s pay package vote means for his $174 billion fortune - Qoneqt
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    Ansari Uzair in India

    18 Apr 08:00 AM


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    What Elon Musk’s pay package vote means for his $174 billion fortune

    Teslas board and Elon Musk are betting that shareholders will once again approve his ambitious compensation package from 2018, despite the electric vehicle markets evolution and the packages recent invalidation by a Delaware court. The board is relying on Musks popularity and his role in Teslas stock surge of approximately 700% over the past six years to persuade investors that he deserves the substantial compensation.