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Elon Musk Podcast
Tesla's $46 Billion Pay for Musk's Future
Jun 6, 2024
Investors are divided over Elon Musk's $46 billion stock options package at Tesla. NYC retirement funds oppose his pay, citing governance issues. Retail shareholders support Musk, but lawsuits and challenges to governance loom. Will Musk secure the backing he needs?
08:25
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Quick takeaways
- Shareholder divisions on Musk's $46B stock options package raise governance concerns.
- Retail investors show strong support for Musk's influence despite concerns over compensation package.
Deep dives
Shareholder Divisions on Elon Musk's Compensation Package
The podcast episode delves into the shareholder divisions surrounding Tesla CEO Elon Musk's $46 billion stock options package that is up for a critical vote. While some investors support Musk, others, like New York City comptroller Brad Lander, criticize the compensation as excessive and lacking independent governance. Concerns over Musk's distractions from core responsibilities like Tesla's growth and challenges faced by the company are raised, leading investors to debate the implications of Musk's pay on capital markets.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode