Aaron Cole, managing editor at Motor Authority, discusses Tesla's announcement that Elon Musk's performance-based pay plan as CEO will not allow him to receive a paycheck until he delivers on company growth goals. The ambitious company targets will try to have Tesla nearly double in size over the next 12 years. If Musk delivers on all goals, his stock options alone will rise to $184 million dollars.

Share:
More In Business
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Apple Overtakes Samsung as Top Seller of Smartphones
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Load More