Prof G Markets: Will Tesla Reward Elon and Move to Texas? + Bank Earnings and Basel Endgame
The Prof G Pod with Scott Galloway
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Elon Musk's Pay Controversy and Corporate Governance
This chapter examines Tesla's controversial proposal for Elon Musk's $56 billion pay package, highlighting the legal challenges it has faced regarding negotiation transparency. It discusses the implications of executive compensation on corporate governance and shareholder interests, questioning whether such large rewards align with company performance. The discussion also reflects on changing dynamics in CEO compensation and the effects of Musk's demands on the tech industry.
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