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Elon Musk Brings Executive Pay Further Into the Limelight

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Naturally, the issue of Executive Pay has been a consistent focus for Financial Regulation Matters , with a number of posts discussing the elements that make up such a complex issue. News recently from the automotive/technology industries concerning Elon Musk has brought the issue to the fore once more, and in this post the focus will be on the record-setting pay-deal that was recently announced by Tesla, and then what may be the effects of this for the wider issue of executive pay across the financial sectors. Yesterday, the headlines where Musk was concerned were almost writing themselves, with The Guardian ’s ‘ Elon Musk wins approval for “staggering” pay deal with potential $55bn bonus ’ headline perhaps being representative of the response to the news from Tesla. However, the deal is a complex one with a number of conditions attached, which result in the reality of the situation being somewhat different. Essentially, Tesla has decided to grant its Billionaire founder a $2....