RT by @lugaricano: I remember this morning very well. I had spoken to @elonmusk by phone earlier and written a column in @nytimes for that morning and then went on the air with the news. The truth is I thought the comp plan was the most “skin in the game” in history. I still do. I have criticized CEO comp a lot — but not this package. Without the incentives, he could have easily stepped down as CEO and then where would have @Tesla been? Admittedly, I was skeptical he’d hit the most ambitious targets of the package. But he did — having put his entire comp at risk. Isn’t that what we want when we say “pay for performance?”

🐦🔗: https://nitter.cz/andrewrsorkin/status/1752872326536831064#m

[2024-02-01 01:51 UTC]