Tesla’s Elon Musk Compensation Plan Explained by Governance Advisor
Dr. Shane Goodwin, governance advisor to Tesla’s Special Committee, provides insider perspective on Elon Musk’s compensation package. The performance-based plan ties incentives directly to shareholder value creation through market capitalization and operational milestones.
As the governance advisor to Tesla’s Special Committee during the development of Elon Musk’s incentive compensation package, I witnessed firsthand the rigorous process behind what many critics have misunderstood. The headlines and clickbait opinions from so-called experts have largely missed the fundamental corporate governance excellence embedded in this performance award structure.
