Summary
Elon Musk's $45 billion pay package could violate laws against corporate waste. U.S. corporations do not exist to be fair to their CEO, but rather to enrich their shareholders. The board could make a case that restoring Musk’s pay package would ensure the totemic entrepreneur doesn’t quit as its CEO. One issue is that Musk divides his time between running Tesla and his myriad other business interests. CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Visit CNN.com/Travel each week for a new gallery of snapshots.
