The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
Category: Executive Compensation
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How David Zaslav Pulled Off the Sale of Warner Bros. Discovery to Paramount
Not long ago, Mr. Zaslav was widely criticized for his management of Warner Bros. Discovery. He overcame the doubters, cementing a blockbuster sale to Paramount.
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Edison Will Reduce Executive Bonuses as a Result of the Eaton Fire
Southern California Edison had said its electrical equipment most likely caused the blaze, which destroyed much of Altadena, a Los Angeles suburb.
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Trump Seeks New Powers to Pressure ‘Underperforming’ Weapons Makers
In an executive order, President Trump is aiming to punish defense contractors that don’t deliver weapons quickly enough.
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Elon Musk’s 2018 Tesla Pay Deal Is Restored by Delaware Supreme Court
A lower-court judge had invalidated the package, saying shareholders had not been properly informed about the plan. Friday’s ruling means the pay deal, worth about $139 billion now, can proceed.
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The $1 Trillion Question Hanging Over Elon Musk’s Pay Package
Tesla shareholders approved his potentially record-breaking compensation package. But will he actually get the full award?
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Tesla Investors Back Musk’s Trillion Dollar Payday
Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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Musk’s Trillion-Dollar Pitch
Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.
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Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.