Elon Musk’s $1 trillion pay plan faces pushback from investors, state officials
NegativeFinancial Markets

Elon Musk's ambitious $1 trillion pay plan is encountering significant resistance from investors and state officials. This plan, which aims to reward Musk based on the company's performance, raises concerns about its feasibility and potential impact on shareholder value. Investors are worried that such a massive compensation package could divert resources and lead to misaligned incentives, while state officials are scrutinizing the implications for corporate governance. This pushback highlights the ongoing debate over executive compensation and its effects on company performance.
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