Musk's Texas-sized US$1 trillion payday enabled by state's new law
Răzvan Botea
WILMINGTON, Delaware: Elon Musk's blow-out US$1 trillion pay package from Tesla proves everything is bigger in Texas, especially under its new management-friendly law. Last year, Tesla reincorporated in the Lone Star State after a judge in its former corporate home, Delaware, ruled a US$56 billion compensation for the CEO was "unfathomable" and unfair to shareholders. Musk urged companies to ditch Delaware and his board worked on a new pay package. Freed from the constraints of Delaware's
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