
This episode of The Journal discusses Tesla shareholders approving a new pay package for Elon Musk worth $1 trillion. The package aims to incentivize Musk to focus on Tesla and achieve ambitious goals, including growing the company into an $8.5 trillion entity. The discussion covers the reasons behind the pay package, a previous rescinded pay package, concerns about Musk's attention being divided among his various ventures, and the potential impact on Tesla's future, including the development of robots and autonomous vehicles. It also addresses the opposition from some shareholders and the unique structure of the pay package, which is tied to achieving specific milestones.
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