Musk

The high compensation received by CEO's has come under attack and the recent approvals by the shareholders of Tesla to provide Elon Musk with a $46 billion dollar bonus represents the most extreme example ever. Why did they do it. The answer was given by Chairwoman Denholm in a letter written to the shareholders which stated, "If Tesla is to retain Elon's attention and motivate him to continue to devote his time, energy, ambition and vision to deliver comparable results in the future, we must stand by our deal." While this is a lot of money it pales in comparison to the fact that Tesla stock has increased over $100 per share since the election and Musk owns 715 million shares. This increase results in the tidy sum of $71 billion. Musk is now worth $326 billion. He may finally answer the question can a person have too much money. This makes Musk the equivalent of the 21st wealthiest country of the worlds 195 countries.