Elon Musk’s $1 Trillion Tesla Pay Deal Faces New Scrutiny as Older Package Threatens Years of Profits
Tesla could face a $26 billion accounting charge if it loses an appeal over Elon Musk’s 2018 pay package, according to Reuters. The company’s newly approved $1 trillion pay plan for Musk, averaging $100 billion a year, has drawn widespread attention and criticism. Shareholders recently backed the new deal, which ties payouts to steep operational and market targets.