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May 28, 2020 10:33 pm GMT

Tesla board certifies Elon Musks payday worth more than $700 million

Tesla’s board certified a financial milestone that unlocks the first tranche — worth more than $700 million — of an unprecedented multi-billion-dollar pay package for CEO Elon Musk, according a document filed Thursday with the Securities and Exchange Commission. The milestone allows Musk to purchase the first grouping or tranche of nearly 1.69 million shares […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UExac98jIQ0/

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