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Musk's $56B Tesla Pay Deal Rejected for Second Time

  • #Finance
  • #Artificial Intelligence
  • #Driving
Musk's $56B Tesla Pay Deal Rejected for Second Time
story
DEC 2024
Above: Tesla Chief Executive Officer Elon Musk arrives for Israeli Prime Minister Benjamin Netanyahu's speech to a joint meeting of Congress at the US Capitol on July 24, 2024, in Washington, DC. Image copyright: SAUL LOEB/Contributor/AFP via Getty Images
story last updated DEC 2024

The Spin

Narrative A

It is time for Tesla to respect its deal with its Chief Executive and pay what it owes. Musk deserves to be compensated for achieving Tesla's financial benchmarks and advancing the company into global prominence in the electric vehicle sector.

BarronsTorque News

Narrative B

Musk's pay is excessive and not in the interest of the company or its shareholders. Musk's proposed package actually results in Tesla shareholdings resembling more of a meme stock. The company must focus more on quality and improving business processes.

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Metaculus Prediction


Public Figures

Elon Musk


Articles on this story

Some Tesla shareholders say diverting Nvidia chips is further proof that Elon Musk doesn't deserve a multibillion-dollar pay package
Business InsiderMAY 2024
Elon Musk's $56 billion pay package will likely see overwhelming approval, putting a big overhang for the stock behind it, Wedbush Securities' Dan Ives says
Business InsiderMAY 2024