The governing board for the electric carmaker Tesla has put forward a pay package for CEO Elon Musk that could make him the world’s first trillionaire — but only if he meets a series of high-performance standards over the next 10 years.The proposal became public on Friday, as part of the company’s regulatory filings.Recommended Stories list of 3 itemsend of listMusk is already considered one of the world’s wealthiest businessmen, and one of his eye-popping pay packages from 2018 continues to be the subject of a legal battle.But if approved, the latest proposal would likely be the largest corporate pay package in United States history.Tesla shareholders will vote on the compensation scheme on November 6. The regulatory filing indicated that the plan had already undergone a review from a committee of independent directors.“This is a ridiculously large pay package. It raises lots of questions,” Brian Quinn, a professor at Boston College Law School, told the news agency Reuters.Quinn added he had little doubt about how the shareholders will vote.“Given that Tesla’s stock price is basically all vibes and appears to have very little to do with the automaker’s actual performance, I suspect they will approve this package.”In the regulatory filing, Tesla leaders indicated that they felt Musk deserved the higher compensation range, despite the carmaker’s recent wobbles on Wall Street.“Traditional compensation packag …
