That kind of money is several million times the pay of a typical Tesla engineer and is equal to the GDP of Switzerland.

The vote comes after a top shareholder, Norway's sovereign wealth fund, said it would vote against the pay package.

The astronomical pay deal shows the light years to which firms will go in order to retain talent. It also highlights the potentially cataclysmic risk, as businesses see it, of talent loss. In its ...

Tesla shareholders will decide on CEO Elon Musk's $1 trillion pay package, which is tied to ambitious market cap goals and ...

The proposal was approved with over 75% support, and the Tesla CEO bounded to the stage of its annual meeting in Austin, ...

Preliminary results of Tesla's shareholder vote, which included a a trillion-dollar compensation package proposal for its chief Elon Musk, arrived at the annual meeting today.

Tesla's board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest ...

The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.