Thursday, January 25, 2018

Tesla’s Elon Musk May Have Boldest Pay Plan in Corporate History

For the last several years, there has been speculation about Elon Musk’s future at Tesla, and whether he would step down as chief executive in the next year or two.
Mr. Musk stoked that speculation as far back as five years ago when he said he wanted to stay through the introduction of the Model 3. Then in 2014, he said, “I’ll have to see, you know, how things are going at that point,” adding, “I will certainly be the C.E.O. for the next four or five years, and it’s T.B.D. after that.”
With the success of Mr. Musk’s various other endeavors, such as Space X, his aeronautics company, it was only natural that investors would expect that the model for Robert Downey Jr.’s Tony Stark character in “Iron Man’’ might move on to a different role at Tesla.
NEW YORK TIMES. JAN. 23, 2018. 
Read more here.

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