Tesla Greenlights $30B Mega-Pay Package for Musk – Will Shareholders Revolt?
Elon's payday just got a boardroom stamp of approval—but at what cost?
The Breakdown:
Tesla's directors rubber-stamped a $30 billion compensation deal for CEO Elon Musk, doubling down on his 'performance-based' golden handcuffs. The package ties his earnings to ludicrous market cap milestones—because nothing says 'alignment' like betting the company on meme-stock volatility.
Wall Street Rolls Eyes:
While Tesla's PR team spins this as 'incentivizing innovation,' analysts whisper about fiduciary red flags. 'They’re paying him in monopoly money while the Cybertruck rusts in delivery lots,' quips one short-seller.
Crypto Angle:
Watch for Musk to divert part of the haul into Dogecoin—because when you’ve got $30B to burn, why not pump a joke currency for the lulz?