Denholm said the $1 trillion package is designed to retain and motivate Musk for at least another seven years.

After a public falling out, Elon Musk and Donald Trump appear to have repaired their friendship. Here's why it could be good news for Tesla and SpaceX.

CalPERS, the largest U.S. public pension fund, will vote against Elon Musk’s $1 trillion Tesla pay plan, citing excessive scale and governance risks. Major investors and unions have lined up on both sides of the proposal,