VaughanJB
Scrappy VIP
Poor Mr. Musk, who is apparently down to his last $200bn in personal wealth, doesn't get a salary from Tesla. Instead, he gets his money from stock options. But hey, surely he deserves to get a corporate salary, and fair value seems to be calculated at a $56bn payment.
Of course, earlier this week he announced Tesla was laying off 10% of the work force, but clearly that's a wholly different thing and shouldn't factor here. It's getting to a point where Mr. Musk won't be able to afford a new yacht, and that's just not fair.
SOURCE: Tesla seeks to award Elon Musk $56bn pay package
Of course, earlier this week he announced Tesla was laying off 10% of the work force, but clearly that's a wholly different thing and shouldn't factor here. It's getting to a point where Mr. Musk won't be able to afford a new yacht, and that's just not fair.
SOURCE: Tesla seeks to award Elon Musk $56bn pay package