What happened
Tesla shareholders Thursday voted in favor of a pay package for CEO Elon Musk that clears the way for him to become the world’s first trillionaire . The $1 trillion package “consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade,” said CNBC , and could expand Musk’s stake in the company from about 13% to 25%.
Who said what
This is the “largest payout ever awarded to a corporate leader,” said Bloomberg . The deal is “designed to motivate the world’s richest man” to refocus on the EV company, said The Wall Street Journal . “Even though his far-right political rhetoric” has “hurt” the brand this year, said Reuters , Tesla’s future success “hangs on Musk’s vision of making vehicles that drive themselves, creating a ro

The Week

CNBC Investing
NBC News Video
NewsNation Business
Associated Press Top News
Associated Press US News
Reuters US Economy
Reuters US Business
101.5 KNUE
WFVX WVII News
Entertainment Tonight TV