Why Tesla is right to give Musk a $56 billion pay package

By Yahoo! Finance | Sep 27, 2024 at 02:28 PM EST

Elon Musk's $56 billion pay package at Tesla was structured as performance-based stock options, not a guaranteed amount. Despite initial skepticism, Tesla's exceptional growth justified the award. Shareholders approved the package twice, indicating alignment with shareholder interests.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.