The Hurdles Elon Musk Must Clear to Unlock $1 Trillion in Tesla Pay

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Tesla TSLA 4.01%increase; green up pointing triangle shareholders will decide on Thursday whether to approve a record-setting pay package for Elon Musk that could ultimately give him new stock worth $1 trillion and a roughly 25% stake.

Tesla’s longtime leader is already the company’s largest shareholder, with control over roughly 500 million shares, or a 15% stake. That includes interim shares he received in August but not options from a 2018 award that are held up in a court dispute.

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