Here's how Elon Musk could get tens of billions from new Tesla compensation plan

Elon Musk has spent $72 million on homes in California. His most recent mansion was more than $24 million. Tesla founder and CEO Elon Musk presents the new Roadster electric sports vehicle to the media on Nov. 16, 2017 at the electric car maker's Los Angeles design center. Tesla has installed a new compensation plan for CEO Elon Musk that would reward him handsomely if he can build the electric vehicle automaker into "one of the most valuable companies in the world." The plan -- delivered with Tesla's characteristic rhetorical flair for bucking corporate conventions -- would provide tens of billions in compensation to Musk if the company achieves its financial goals.