

It might be interesting to create structures for more shareholder oversight over executive pay.
I’m probably far less concerned about executive pay in general than a number of people here, but my understanding is that in Musk’s case, there have been real questions about the board’s independence.
And Musk has had what I’d call some real errors. I am pretty skeptical about his high profile politicking being good for Tesla. Even if he wanted to support Trump, he certainly did not need to become the face of DOGE or be personally doing his $1m lotteries for voting. The Cybertruck flopped.
And he’s not doing Tesla as a full-time job. He’s also CEO, chairman, and CTO of SpaceX.
It’s also not clear to me that even if he can grow an early stage company, that he’s great at dealing with a mature one. Tesla has the largest market cap of any automaker in the world by a large margin. They aren’t a startup any more.
https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/
I’m dubious that Tesla couldn’t obtain a CEO who could do at least as effective a job for far less pay.
Somewhere, some trans non-furries and furry non-trans users looked miffed.