Reported 4 months ago
The article discusses the various challenges and criticisms against Elon Musk's $46 billion pay deal at Tesla's upcoming annual general meeting. This deal, which is worth almost 300 times the earnings of America's top-paid CEO in 2023, is portrayed as disproportionate and burdensome for shareholders due to its impact on the company's market value and shareholder dilution. The article also examines arguments for and against the deal and highlights the corporate governance issues surrounding Musk's influence on Tesla's board and his motivation as CEO.
Source: YAHOO