Billy Markus Believes Musk Is Entitled To Receive $56 Billion From Tesla

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The dogecoin co-creator Billy Markus believes that Musk should receive a whopping $56 billion compensation package that Tesla shareholders agreed to in 2018, for bringing Tesla to its current level of profitability, provided that Musk brings the company’s market capitalization to at least $650 billion within the next 10 years. Glass Lewis, a major American proxy advisory services company, had advised the shareholders in May to reject the compensation for the CEO, due to its enormous size. NBIM had stated that it would vote against the payout as, despite Musk’s leadership in generating significant value for Tesla, it found the bonus too large.