Elon Musk Reacts to Investor Backlash Over Pay Package Vote
Monday, 10 June 2024, 21:02
Elon Musk Faces Investor Backlash
Elon Musk is disappointed as the Norway fund votes down his £45bn pay package at the electric vehicle maker. The decision prompts a debate among investors about executive compensation.
Impact on Musk's Compensation
- Concerns Raised: The vote highlights the scrutiny over Musk's lucrative pay package.
- Visionary Leadership: Despite the setback, Musk's leadership in the EV market remains strong.
The outcome of the vote reveals the challenges faced by Musk in balancing shareholder interests and executive compensation.
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