Magazine article
Why Tesla is right to give Musk a $56 billion pay package
Fortune
27 Sep 2024
Abstract
Elon Musk’s proposed pay package at Tesla keeps making headlines and no wonder: its touted value of $56 billion is a staggering amount, even for the world’s most prominent executive. How could that possibly be justified? The answer is that most casual observers, and even many media reports, are failing to understand the nature of the package. Based on our research as finance professors, our conclusion is that Musk was unlikely to earn anywhere near that much at the time of the grant, and, if he did, it would be well-deserved.
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Details
- Title
- Why Tesla is right to give Musk a $56 billion pay package
- Creators
- Naveen D Daniel - Drexel University, FinanceJeffrey L. Coles - Arizona State UniversityLalitha Naveen - Temple University
- Publication Details
- Fortune
- Resource Type
- Magazine article
- Language
- English
- Academic Unit
- Finance
- Identifiers
- 991021903504704721