Elon Musk played coy about his C-suite ambitions as part of a trial examining his controversial 2018 incentive-based pay package from Tesla.
Tesla compensation amid allegations from shareholders that he didn't dedicate his whole attention to the company and that he helped set easily attainable performance targets.Monday the package was designed to keep Musk “engaged” and to keep the billionaire the “head of Tesla for a long time.”“morning til’ night” reworking the platform to his whims.
Musk, who earlier said he didn’t “want to be CEO of any company,” outlined a way to go back to being CEOs of only two companies in later testimony, stating"I expect to reduce my time at Twitter and find somebody else to run Twitter over time.”$4.3 billion. That’s how much the final tranche of Musk’s Tesla compensation package was worth as of Tuesday’s close., by far the largest fortune in the world. About two-thirds of his net worth is tied to Tesla stock and options.
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