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Tesla says Elon Musk Will Only Get Paid When the Company Performs Well

Business Insider

(Reuters) - Tesla Inc said on Tuesday Chief Executive Elon Musk will receive no guaranteed compensation of any kind, and that he will be paid only if the company and all of its shareholders do extraordinarily well.

The compensation will be based on a combination of market capitalization and operational milestones, the electric carmaker said in a statement...

Mentions: Tesla stock options Elon Musk