Gurley says he would offer Elon's Tesla compensation package to every company he's worked with.
“that package, that type of package that they did for Elon, I've said this, you know, publicly, I would agree to that type of package for every company I've ever worked with, and most CEOs wouldn't take it. It basically says you don't make money unless the stock goes way up.”
Gurley argues zero-based RSUs allow management to capture 80% value while shareholders lose 20%, showing misalignment.
“And here's where we get into questions of alignment with shareholders, because you could theoretically have a management team that leads a company, you know, over a year to a 20% decline and pick up 80% of the value of their equity award.”