Elon Musk’s $56 billion pay package voided by judge
FOX NewsAUG 2023
The massive payout raises serious concerns about corporate governance and shareholder value, especially given Tesla's declining performance and Musk's divided attention across multiple ventures. Critics question whether any executive deserves such extraordinary compensation when the company's core business struggles with falling sales and compressed margins. The board's decision appears to reward mediocre results while ignoring fundamental business challenges that require operational focus rather than financial incentives.