Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.
It’s interesting to note that given the evidence of Elon, that being a CEO is a part time job. It has to be. It’s impossible for Elon to work 40 hours a week at 6 companies.
And I’ve always been told by the people that excuse outrageously out-of-step executive pay with this bullshit narrative about how they are the best and the brightest (just like top athletes, don’t you know!), and they work long hours, probably more than anyone else at the company and other such hilarious fictions. They are basically the Michael Jordans of capitalism, yadda yadda.
This guy cannot be working even 40 hours at all six of his companies. That’s simply impossible, even if he never slept.
100%. Even if true, it’s 16.7 hours if he divides it up evenly between 6 companies. Which is about two eight-hour days.
Also, does anyone really think that working 14.3 hours, 7 days a week, is sustainable? I don’t believe he’s working 100 hours a week.
Anyway, the more that a certain type of person lionizes Elon as the pinnacle of American-style capitalism, the more they are actually doing quite a lot to tear down their bullshit narratives they’ve worked so hard for decades to build about executive pay.
Most of us probably knew quite well it was nonsense, probably even saw examples in our lives of people in the C-suite who were quite full of themselves and how “hard” they “work”, while taking quite a bit of the credit and almost all of the profits. Oh, and if they fail, these self-styled heroes don’t go down with the ship like mere hoi polloi heroes. Oh no, these heroes of capitalism will parachute out and land on gigantic piles of cash as a result of failing. But we were told these people are like top athletes and put in so much hours of intense visionary work, at a pace few other humans could ever do, and so they deserve all this cushy treatment.
With Elon, the math is just self-evident. Being an executive, in one of the most successful cases, is most definitely a part-time job.
It’s interesting to note that given the evidence of Elon, that being a CEO is a part time job. It has to be. It’s impossible for Elon to work 40 hours a week at 6 companies.
And I’ve always been told by the people that excuse outrageously out-of-step executive pay with this bullshit narrative about how they are the best and the brightest (just like top athletes, don’t you know!), and they work long hours, probably more than anyone else at the company and other such hilarious fictions. They are basically the Michael Jordans of capitalism, yadda yadda.
This guy cannot be working even 40 hours at all six of his companies. That’s simply impossible, even if he never slept.
He claims to work 100 hours per week, but that’s still less than 20 hours per company.
100%. Even if true, it’s 16.7 hours if he divides it up evenly between 6 companies. Which is about two eight-hour days.
Also, does anyone really think that working 14.3 hours, 7 days a week, is sustainable? I don’t believe he’s working 100 hours a week.
Anyway, the more that a certain type of person lionizes Elon as the pinnacle of American-style capitalism, the more they are actually doing quite a lot to tear down their bullshit narratives they’ve worked so hard for decades to build about executive pay.
Most of us probably knew quite well it was nonsense, probably even saw examples in our lives of people in the C-suite who were quite full of themselves and how “hard” they “work”, while taking quite a bit of the credit and almost all of the profits. Oh, and if they fail, these self-styled heroes don’t go down with the ship like mere hoi polloi heroes. Oh no, these heroes of capitalism will parachute out and land on gigantic piles of cash as a result of failing. But we were told these people are like top athletes and put in so much hours of intense visionary work, at a pace few other humans could ever do, and so they deserve all this cushy treatment.
With Elon, the math is just self-evident. Being an executive, in one of the most successful cases, is most definitely a part-time job.