TESLA BOARD TO SHAREHOLDERS: PAY MUSK OR ELSE
https://media.zenfs.com/en/reuters-finance.com/3eb250eb57685d5881ae805f68ad31a2
✍️ Tesla's board of directors has proposed a compensation package for CEO Elon Musk that could pay him up to $878 billion in company stock, sparking concerns among investors about the risk of Musk leaving the company.
👉 Tesla's board of directors has proposed a compensation package for CEO Elon Musk that could pay him up to $878 billion in company stock 👉 Musk has a track record of achieving extraordinary stock-price growth, but some argue that the package is excessive and could dilute shareholder value 👉 The proposal has been criticized by some experts and investors who argue that it flouts traditional corporate governance principles 👉 The board has sought to ensure Musk's longevity in company leadership with provisions including stock vesting periods 👉 Musk has a significant amount of power over the company, with the threat of leaving potentially causing a collapse in Tesla's stock
-- #ElonMusk #RobynDenholm #NancyTengler #CharlesElson #KrishnaPalepu #GautamMukunda #DavidLarcker #LosAngeles #Delaware #Norway #California #business
Loading quoted post…
