1. Tesla Just Locked in Elon Musk as CEO with a $70 Billion Pay Package

    Tesla Just Locked in Elon Musk as CEO with a $70 Billion Pay Package
    • Elon Musk is the eccentric founder of Tesla, and will likely remain CEO for the next 10 years, as is required to claim the full $70 billion in pay from a new compensation package.
    • The pay package eliminates production targets for the CEO.
    • Tesla's stock is jumping on the news.

    Shares of Tesla are up 2.82% to $361.47 on Tuesday after the company announced a new executive compensation plan for its CEO, Elon Musk...

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