Tesla board to shareholders: Pay Musk or else

https://www.reuters.com/sustainability/boards-policy-regulation/tesla-board-shareholders-pay-musk-or-else-2025-11-05/

by voxadam • 9 months ago

11 4 9 months ago

An excerpt:

Gautam Mukunda, a lecturer at Yale School of Management, said Musk already owns enough Tesla stock to make him the world's first trillionaire if he meets the board's performance goals and hardly needs the incentive of a "second trillion" from company investors. The board, he said, should not be cowed by threats to leave from the person with the most to lose if Tesla's stock falls - its biggest shareholder.

"This is a guy who's holding a gun to his own head, saying: 'Give me a trillion dollars,'" Mukunda said. "It's not the job of the board of directors to just nod like a bobblehead doll when the CEO asks them for something."

throwmeaway307• 9 months ago

"It's not the job of the board of directors to just nod like a bobblehead doll when the CEO asks them for something."

that's what the presidential cabinet exists for.... those people also need jobs.

jleyank• 9 months ago

Nobody in a car company is worth 1T. Not sure anybody in any company is. Especially given his disparate distractions.

JojoFatsani• 9 months ago

If their current sale volume was flat, a 1 trillion dollar cost would add over 20k to the cost of each car over 10 years.

Tesla board to shareholders: Pay Musk or else

Related Stories