this post was submitted on 01 Feb 2024
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United States | News & Politics
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Anyone who thinks they deserve $56B compensation as CEO should never be allowed to be a CEO.
I'd say people in that position need that sort of confidence to do their job well. But that's why there's a board of directors: to reign in that ridiculous CEO overconfidence. Musk is the headline because he makes headlines but the real fuckers here are the board who though "sure, $56 billion dollars seems reasonable".
Note: my Tesla was in the shop for ELEVEN months waiting for spare fucking parts from Tesla. I wonder how many they could have made with $56 billion...
They were/are paying it so far though, that's what's crazy too.