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Fortune
Fortune
Jeffrey Sonnenfeld, Stephen Henriques

Musk holds hostage history's biggest meme stock delusion

Elon Musk (Credit: SAUL LOEB/AFP via Getty Images)

Elon Musk has once again captured media attention. This time, however, it isn’t a rogue X rant or embittered comments about President Trump’s abuse of executive authority. Instead, a proposed $1 trillion pay package crafted by Tesla’s board and Musk has grabbed headlines. The proposed scheme is ludicrous not only in terms of the highly aspirational 12 milestones that would unlock the benefits, but also in terms of good governance practice.

Greed may be good but when is enough?

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