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Tesla chair says Elon Musk needs $46 billion pay plan to stay motivated (arstechnica.com)

submitted 5 months ago by Wilshire@lemmy.world to c/technology@lemmy.world

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[–] henfredemars@infosec.pub 21 points 5 months ago* (last edited 5 months ago)

I’ll happily be their new CEO for a mere half a billion. I will be intensely motivated as such.

Seriously though, how can you pay a CEO this much money and actually believe that’s how much value you’re getting? Absolutely ridiculous. I imagine it’s a revolving door system where you and your buddies always vote each other up into bigger compensation packages.