Musk's Texas-sized $1 trillion payday enabled by state's new law

Elon Musk's blow-out $1 trillion pay package from Tesla proves everything is bigger in Texas, especially under its new management-friendly law. Last year, Tesla reincorporated in the Lone Star State after a judge in its former corporate home, Delaware, ruled a $56 billion compensation for the CEO was "unfathomable" and unfair to shareholders. Musk urged companies to ditch Delaware and his board worked on a new pay package. Freed from the constraints of Delaware's widely used corporate law, Tesla has super-sized the next pay deal for Musk, already the world's richest person. Despite increasing his pay nearly 20-fold, there is a better chance this package will be approved and a lesser risk it will be struck down in the courts,...