‘In big trouble’: Pope Leo warns against rising executive pay; raises concerns over Elon Musk’s trillionaire status

Pope Leo has criticized the ‘widening gulf’ between executive and worker salaries, pointing to Tesla’s $1 trillion compensation plan for CEO Elon Musk.“CEOs that 60 years ago might have been making four to six times more than what the workers are receiving … [are making] 600 times more now,” the pontiff said in his first […]

Tesla’s $1 trillion package for Elon Musk could make him the world’s first trillionaire | World News

Elon Musk could potentially become the world’s first trillionaire under a newly proposed Tesla pay plan, which ties his compensation entirely to ambitious long-term performance milestones. The package, if fully realized, could be worth up to $1 trillion over the next decade, contingent on Tesla achieving unprecedented targets in market capitalization, vehicle deliveries, and robotics […]