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“$55B To $650B” - Elon Musk Bets On Himself, Due $56B Bonus As Tesla Valuation SKYROCKETS
Elon Musk's $56 billion pay package from Tesla, voided by a Delaware judge in January 2024, is up for a shareholder vote on June 13, 2024. The package was deemed unfair due to Musk's influence over the board. Despite this, Tesla argues Musk has increased the company's value 11-fold since 2018, justifying the compensation.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
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