TSLA - How much is too much? Pay package for Tesla's Musk drives executive comp discussion
2024-06-17 07:41:20 ET
The recently approved compensation package for Tesla ( NASDAQ: TSLA ) CEO Elon Musk has brought the discussion of executive pay back to the table, with its eye-popping figures making headlines. Legal hurdles still remain, but shareholders reaffirmed support for a 10-year pay plan valued at $47B (at current share prices) after a judge in Delaware challenged the stock awards. It'll make one of the world's richest people even richer, but investors seem to think that it is all worth it, with 77% of shareholders re-ratifying the pay package....
How much is too much? Pay package for Tesla's Musk drives executive comp discussion