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.
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.
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.