If Tesla CEO Elon Musk meets certain milestones for the tech company’s market share and operational performance over the next decade, he’ll get a $1 trillion compensation package — worth more than the GDP of Switzerland or Poland. Such goals include more than doubling the number of Tesla vehicles delivered, from 8 million to 20 million, and raising operating profit from $16.6 billion to $400 billion, according to AP.
Even as the tech billionaire celebrates the shareholder vote, critics are viewing the recent deal less as an reward for innovation or leadership and more of a symptom of out-of-control inequality.
Sen. Bernie Sanders, I-Vt., a staunch opponent of billionaires, called the move by Tesla “obscene.”
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