How does this not create perverse incentives? I have noticed that Musk has repeatedly made fraudulent claims about Tesla. I can't help but wonder how many of his fantastical claims are precisely in service of boosting the stock price. Also what exactly are the material consequences for him if he didn't get paid by Tesla? Essentially zero.
“Material consequences if he didn’t get paid by Tesla” sounds so scarily close to communism “To each according to his need, from each according to his ability”. It shouldn’t matter whether he needs it or not. It was an agreement that was made, an agreement I think was pretty fair and one that most corporate CEO’s in America today would not take but Elon took it, won that agreement and now people are balking up at payment. Promises made, promises kept or society does not function, “need” is the absolute last thing that should ever matter in this calculus