See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday
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The conditions for Elon Musk to receive his $1 trillion pay package at Tesla could easily be achieved if the company were acquired. There is a clause in the agreement that declares half the targets as good as accomplished if Tesla is acquired or otherwise taken over. This leaves only market-value targets to determine how many shares Musk gets. Musk has considerable say over any offer SpaceX makes for Tesla. Even a stratospheric bid would keep Musk in firm control of the combined company.
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