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Elon Musk Testifies on Pay Package

Elon Musk Testifies on Pay Package

Assessment

Interactive Video

Business, Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Elon Musk's 2018 compensation package, valued at $55 billion, is under scrutiny in a Delaware trial. The package, known as the Moon Shot award, was the largest in US corporate history and is being challenged as excessive. The lawsuit claims Tesla's board lacked independence in approving it. Musk testified that he was not involved in the reward process and spends most of his time on Tesla, with less focus on SpaceX and Boring Co. Currently, Musk is concentrating on reorganizing Twitter, and he rarely takes vacations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value of Elon Musk's 2018 Tesla compensation package?

$100 billion

$55 billion

$10 billion

$25 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What form did Musk's compensation take?

Stock options

Company shares

Real estate

Cash bonus

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main argument of the lawsuit against Musk's compensation?

It was based on false financial reports

It was not approved by shareholders

It was excessive for a CEO with multiple roles

It was not disclosed to the public

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is Musk currently focused on reorganizing?

Twitter

Boring Co

Tesla

SpaceX

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Musk describe his vacation habits?

Frequent and relaxing

Regular and family-oriented

Occasional and adventurous

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