Why the hell is Musk getting a $29 billion raise?
It’s authoritarian capitalism
Friends,
Tesla announced today that it’s granting additional shares to Elon Musk worth around $29 billion. Tesla’s board describes it as a “first step, ‘good faith’ payment” to Musk — even as Tesla continues to battle in court over reinstating an even bigger pay package that a Delaware judge struck down.
Why is this giant pay package necessary, you might…
