It was sold as an all-or-nothing moonshot into space, the boldest pay package in corporate history.
Elon Musk
Photographer: Saul Martinez/Getty Images
Now, with Tesla Inc.’s stock on a seemingly unstoppable rise,
Barring a sudden drop in the electric-car maker’s shares, the final performance threshold tied to market value should be met in a matter of days. That would unlock 1.69 million stock options, yielding Musk the 10-figure sum if he were to exercise and immediately sell the shares.
The remarkable payout follows an equally remarkable ride for Tesla, ...