7min chapter

Elon Musk Podcast cover image

Elon Musk Vs. Tesla Shareholders

Elon Musk Podcast

CHAPTER

Elon Musk's $56 Billion Pay Package and Shareholder Votes at Tesla

The chapter delves into Norway's sovereign wealth fund choosing to vote against Elon Musk's $56 billion pay package at Tesla due to concerns over excessive CEO compensation and key person risk. Stakeholders' differing opinions on the pay package, including Glass Lewis' warning against its size and impact on Tesla, are explored alongside Musk's achievements, management practices, legal issues, financial commitments, and employee composition.

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