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Viewsroom

European bosses can only envy Elon Musk

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 20 June 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

The Tesla chief’s $56 bln pay package is particularly vertiginous, but even less-blessed US CEOs do far better than their European peers. In this Viewsroom podcast, Breakingviews columnists discuss how the pay gap shapes executive habits across the Atlantic. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.6

Terms apply. The views expressed on this podcast are those of the participants, not of Rogers

0:35.3

news.

0:38.1

Tesla's boss Elon Musk has, has once again one approval for a pay packet that would make

0:44.0

even other U.S. CEOs look miserly by comparison.

0:47.3

The incentive plan originally valued at up to $56 billion is a reminder of just how much leeway some bosses on the other side of the Atlantic get, much to the chagrin of the European peers.

1:00.5

That tension is the focus of this week's viewsroom.

1:05.0

Welcome back to the views room. I'm Amy Donlon.

1:07.5

And I'm Jonathan Guilford.

1:08.9

This week we are joined by Breaking View's Amir editor George Hay, who has been probing the question of why European companies are relisting in the United States and how much pay has to do with it. So stay tuned for the Views Room, the weekly podcast from Reuters Breaking Views, where Amy and I chat with our fellow columnists about the big stories of the week. And please, rate us or leave us a review on

1:28.4

whatever podcast platform you find us.

1:35.1

Elon Musk is always a fascinating person for our readers at Breaking Views. Jonathan, there's

1:41.5

even more intrigue now, and this is obviously to do with his pay.

1:45.3

But pay has gone up dramatically. I wonder if you could talk to our listeners. I'm

1:49.7

sure some of them have seen the headlines about this, yeah, significant pay rise that he's been

...

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