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Tesla said it needed to incentivize CEO Elon Musk with a record-breaking pay package in order to compete with his private companies, according to a proxy the company filed last week. The proxy highlights the surging valuations of Musk’s private companies and the competing interests of xAI, SpaceX and Tesla. CNBC's Robert Frank explains.
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Is $1 trillion enough to get Elon Musk back in gear at Tesla? On this episode of the Elon, Inc. podcast, we discuss the record-breaking pay package the carmaker has offered its CEO and how this tactic is more than just about money. #tesla #elonmusk #trillion
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