Is giving Elon Musk a $56 billion compensation package—the most in history—the ‘fair’ thing to do?

Over the past couple of weeks, Tesla shareholders have been casting their ballots in one of the odder shareholder votes in corporate history: a vote to reinstate a massive $56 billion compensation package (the biggest in history) for Elon Musk that was put in place back in 2018 but was then thrown out by a Delaware judge in January. What makes the vote—the results of which will be finalized at Tesla’s annual meeting in June—so unusual is that it’s effectively asking shareholders to pay Musk many billions of dollars in stock options for work that has already been done.  READ MORE