Dr. Shane Goodwin served as a Governance Advisor to the Tesla Board’s Special Committee on the development of Elon Musk’s incentive compensation proposals. The viewpoints expressed below reflect those of Dr. Goodwin and not necessarily those of the Tesla Board or its Special Committee.

There has been no shortage of headlines and clickbait opinions from so-called “experts” about Tesla’s proposed compensation package for its once-in-a-generation CEO Elon Musk, yet most of them have thus far missed the point.

It’s easy to pass judgment from the metaphorical corporate governance ivory tower, but I was in the room as a governance advisor to the Tesla Board’s Special Committee and have a direct understanding of the thoughtful strategy behind this performance award. This plan was developed

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