Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay. Musk’s multibillion-dollar pay package from 2018 has set the tone for other high-end pay deals, despite being thrown out by a Delaware court earlier this year. More executives have gotten outsize pay packages,… Continue reading Musk Effect Drives Spread of Supersize CEO Pay Packages
Tag: Tesla
America’s Lowest-Paid CEO
It is the time of year when all major U.S. public companies have filed their 2022 proxies. At least, that is true for corporations that operate on a calendar year, which most do. As usual, a group of CEOs made over $100 million. One, however, only made $1, according to AI-driven SEC data company MyLogIQ.… Continue reading America’s Lowest-Paid CEO
Tesla’s Growing SEC Problems
The SEC does not disclose its ongoing investigations, but from news reports I believe the Commission has issued a formal order of investigation related to Tesla’s non-disclosure of the Florida autopilot fatality in May. Tesla, despite its initial claims of ignorance, appears to be under investigation by the SEC. I believe the Commission has likely… Continue reading Tesla’s Growing SEC Problems