Tesla boss Elon Musk will receive a pay package worth over $1tn (£740bn) if he hits a list of ambitious targets over the next decade, the board of the electric car firm has proposed.
Musk would not get a salary or bonus under the plan, which depends on Tesla's value soaring more than eightfold alongside other moonshot goals.
To get the $1tn package, Musk, who is already the world's richest person, would need to boost one of Tesla's earning figures 24-fold, put a million robotaxis into operation, sell a million artificial intelligence robots, and sell another 12 million Tesla cars.
The company's board urged investors to vote in favour of the package.
"Growth that may seem impossible today can be unlocked with new ideas, better technology and greater innovation," Tesla chair Robyn Denholm said.
