Why Elon Musk’s Compensation Plan Wouldn’t Work for Most Executives

Harvard Business

Tesla’s market value must exceed $100 billion by 2028, otherwise Musk receives nothing, with further targets at $150 billion, $200 billion, and so on up to $650 billion. The shareholder and societal value that Tesla creates is little different if the firm is worth $201 billion in 2028 than if it is worth $199 billion. The higher the stock price in 2028, the more these shares are worth – even if the actual number of shares is fixed. Mel Svenson/Getty Images.

Millennials Surpass Boomers: Why are They Still in the Basement? Eight Reasons; Attitudes and Pendulums

MishTalk

The Gen X population (ages 35 to 50 in 2015) is projected to outnumber the Boomers by 2028. Millennials Overtake Boomers According to Pew Research Millennials will overtake Baby Boomers this year.

Still No Illinois Budget; S&P Downgrades Chicago Convention Center Bonds by 7 Notches; Will Schools Open?

MishTalk

That involved $5 million of bonds due in 2028, according to MMD. Still No Illinois Budget Deal The NFIB reports Still No Illinois Budget Deal. No budget deal. Not even a one-month budget deal. Could a long summer turn into a long fall? While Illinois has certainly had its share of extended sessions over the years, this one feels different. Normally the legislative leaders would be meeting daily, or at least weekly, to determine where they could find common ground with the governor.

Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business

For Tesla to reach a $650 billion valuation by 2028, the market will have to shift dramatically, with electric vehicles becoming the overwhelming percentage of all new sales. CSA-Archive/Getty Images. Earlier this year, Tesla shareholders approved what is likely the largest compensation package ever awarded to a CEO — for a CEO who clearly doesn’t need the money. Elon Musk is already incredibly rich, and also doesn’t seem particularly motivated by further wealth.