Tesla (TSLA.US) stock price rises to an 8-month high as the board of directors backs Musk.

According to the Securities Times, Tesla's CEO Elon Musk's proposed trillion-dollar compensation plan did not seem "excessive" or "risky" to the Tesla board of directors, but instead received unanimous support - the board believes that only Musk can lead the company through the next phase of disruptive change, therefore this "sky-high compensation" is completely reasonable and worth it.