Tesla sales chief may collect $700,000 for meeting targets

Tesla plans to pay $700,000 to its global sales and service chief, Jon McNeill, if the company meets certain performance goals in the second half of 2017 -- when the new Model 3 is in launch mode.


Key Safety CEO resigns as final Takata deal looms

Key Safety Systems CEO Jason Luo is resigning as the supplier inches closer to finalizing a $1.59 billion deal to acquire the embattled Japanese airbag supplier Takata Corp.

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