Why is everyone talking about Musk's money?
Planet Money19 Jun 2024

Why is everyone talking about Musk's money?

We've lived amongst Elon Musk headlines for so long now that it's easy to forget just how much he sounds like a sci-fi character. He runs a space company and wants to colonize mars. He also runs a company that just implanted a computer chip into a human brain. And he believes there's a pretty high probability everything is a simulation and we are living inside of it.

But the latest Elon Musk headline-grabbing drama is less something out of sci-fi, and more something pulled from HBO's "Succession."

Elon Musk helped take Tesla from the brink of bankruptcy to one of the biggest companies in the world. And his compensation for that was an unprecedentedly large pay package that turned him into the richest person on Earth. But a judge made a decision about that pay package that set off a chain of events resulting in quite possibly the most expensive, highest stakes vote in publicly traded company history.

The ensuing battle over Musk's compensation is not just another wild Elon tale. It's a lesson in how to motivate the people running the biggest companies that – like it or not – are shaping our world. It's a classic economics problem with a very 2024 twist.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(355)

We almost had a smartphone in the 90s. Why did it fail?

We almost had a smartphone in the 90s. Why did it fail?

In the early 90’s, a company called General Magic began working on a portable device that would allow people to check email, make phone calls, even play games. It was basically a smartphone. But it ne...

26 Jun 26min

Before Kalshi and Polymarket there was the Iowa Electronic Markets

Before Kalshi and Polymarket there was the Iowa Electronic Markets

Prediction markets aren’t new. Election betting was common until the 1940s, then mysteriously faded away.There was an entire political era when party bosses were expected to conspicuously gamble on th...

24 Jun 22min

The real horror of ‘Alien’ and how it explains why we’re not paid enough

The real horror of ‘Alien’ and how it explains why we’re not paid enough

Maybe the real monster in the Alien franchise isn’t actually the killer alien. Because behind the acid blood and jump scares is an even more insidious horror: a single employer with unchecked power. T...

19 Jun 32min

Can computer hackers get inside your mind?

Can computer hackers get inside your mind?

The cyber weapon that might have prevented nuclear war.The U.S. and Israel have long been in conflict with Iran over their nuclear development program. Some of that conflict has been out in the open, ...

17 Jun 29min

It’s my tree. Why can’t I cut it down?

It’s my tree. Why can’t I cut it down?

Can the government stop you from cutting down your own tree? In many towns and cities these days, removing a tree now requires a permit. You might have to pay a fee, or promise to plant replacement tr...

12 Jun 25min

Two indicators for lowering the rent

Two indicators for lowering the rent

One specific type of affordable housing used to be popular in American cities, kept rents low, then nearly vanished. Is it time to reconsider boarding houses and single room occupancy units? If they l...

10 Jun 17min

Why is there a supplement craze if they don’t even work?

Why is there a supplement craze if they don’t even work?

One reason the $70 billion supplement industry is set to double in the next seven years? Lax regulation.On today's show, we tell the story of a century-long battle between the U.S. government and … yo...

5 Jun 34min

There's no business like dough business

There's no business like dough business

Have you ever walked around a street, mall, or airport and noticed two or three of the same franchise restaurant within walking distance? Why might one Starbucks or McDonald’s or Wetzel’s Pretzels som...

3 Jun 27min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
rss-pa-konto
pengesnakk
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
finansredaksjonen
utbytte
tid-er-penger-en-podcast-med-peter-warren
lederpodden
morgenkaffen-med-finansavisen
stormkast-med-valebrokk-stordalen
liberal-halvtime
okonomiamatorene
rss-markedspuls-2