On November 7, Tesla shareholders gave the green light to CEO Elon Musk's compensation package, which could be worth as much as $1 trillion. Bloomberg highlighted that, drawing from cases involving other CEOs, such colossal compensation may not always materialize. Back in December 2020, the U.S. online real estate firm Opendoor and the short-term rental platform Airbnb made their public debuts within a few weeks of each other. Both companies set up highly attractive compensation packages for their CEOs, with potential values soaring into the billions of dollars. These packages were a reflection of their ambitious growth goals and the fervent investment climate at the time.
