It’s hard to think of a move that a corporation could make that should win the simultaneous applause of investors, Bernie Sanders and the ghost of neoconservative thinker Irving Kristol, whose “Two Cheers for Capitalism” was as aware of the limits of free enterprise as a modern right-winger can be.
But Tesla Motors Inc.’s TSLA, +1.91% compensation plan for CEO Elon Musk is a good one for the company’s shareholders and workers. The Musk That Roars stands to get $1.6 billion worth of stock options by 2022. But the plan so brilliantly balances Musk’s incentives to do well and do good that it’s Ben & Jerry’s Vermont-style corporate governance — with zeroes on top.
MarketWatch, Published: Apr 25, 2016 9:52 a.m. ET By TIM MULLANEY
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