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Tesla board proposes $1T stock package for Musk

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The Tesla Board of Directors is proposing a compensation plan for CEO Elon Musk that would be the largest in history.

The proposal would award Musk up to 12% of Tesla's stock, which is valued at around $1 trillion.

To receive the compensation, Musk must lead the automaker to a market capitalization of $8.5 trillion and hit other milestones during a 10-year period.

Read more from Fox Business.

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