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by matesz
845 days ago
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I always thought that founders of Tesla were snubbed from the tesla success spotlight. But if what you say is actually true - 1% for each $50 billion dollar increment in valuation + no salary and no compensation if stock doesn't increase - than this changes the whole thing. It's like no brainer decision for the founders and other stakeholders to allow Elon running this thing. |
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You can google it if you want. It's all public info.
Isaacson also wrote a book on Musk and there's a chapter about this pay package and how absurd it was.