Tag Archives: Elon Musk

Elon Musk donates Tesla shares worth $112 million, controversial compensation package

Musk’s record-breaking Tesla stock options pay package of 2018, whose current valuation is $101.4 billion, has been repeatedly rejected by the Delaware court. This package has been challenged by shareholders, which creates a major debate over executive compensation.

Elon Musk’s donation of Tesla shares is an impressive philanthropic act, but its connection with tax planning and personal benefits cannot be denied. Both these aspects are part of his image and strategy, in which he tries to show a balance between a business leader and a philanthropist.