Tesla's board proposed a new compensation deal for CEO Elon Musk valued at about $1-trillion (R17.68-trillion).
Shares of the electric vehicle maker rose 2% in premarket trading after the news.
Tesla's board earlier this year approved an interim compensation package for Musk worth about $29bn (R512.79bn) in restricted stock, designed to keep him at the helm until at least 2030 as the company pivots to an artificial intelligence-first strategy.
Reuters
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