AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.