Tesla Chairwoman Robyn Denholm discusses CEO Elon Musk’s controversial $56 billion pay package. The pay package, proposed by Tesla’s board of directors, has repeatedly come under fire, including criticism that the board is too closely tied to Musk to be entirely independent. The package has no salary or cash bonus and sets rewards based on Tesla’s market value rising to as much as $650 billion over 10 years from 2018.
If passed, it would be the largest pay package for a CEO in corporate America.
