Tesla to pay sales head USD700,000 on meeting targets


(MENAFN) Electric giant carmaker Tesla Inc. will pay around USD700,000 to its sales and service president, Jon McNeill, if he reached planned targets for 2017.

After revealing its least pricey electric sedan, Model 3, Elon Musk's Tesla is expecting it to become the most profitable manufacturer of electric cars.

The giant automaker said that if McNeill met targets, he will receive the amount during the third and fourth quarters of 2017.

Also, the payout will consider the financial and operational metrics relating to vehicle service performance, as well as costs and customer satisfaction scores during 2017.

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