this post was submitted on 31 Jan 2024

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Elon Musk can't keep Tesla's landmark pay package worth more than $55 billion (apnews.com)

submitted 8 months ago by nekandro@lemmy.ml to c/worldnews@lemmy.ml

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[–] Zippy@lemmy.world 15 points 8 months ago

The CEOs of the fortune 500 companies are some of the highest paid people when their full packages are included. But their wages and compensation packages pale in respect to what Musk is taking from Tesla. With that package, Musk could pay all the compensation packages and wages for every fortune 500 CEO. Not only could be pay the entire amount, he could do it for the next 15 years.