Musk's $1 trillion pay package 'rewards poor behavior,' expert says

STORY: Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.Musk, already the world's richest person, could get as much as $1 trillion in stock over the next decade, although required payments would take the value down to $878 billion.Lynch, however, does not see the rationale behind such at an astronomical figure."This company has lost market share over the last three years," he noted. "It's had three years of consecutive year-over-year sales delivery declines. Earnings have been down for five years. This has not been going well.""If [Musk] triples the market cap, he's going to be worth a half a trillion [dollars] already," Lynch added. "I think that's enough incentive."

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