Berkshire Hathaway's CEO Warren Buffett - widely regarded as an investment maverick - seems to have taken a subtle dig at Tesla CEO Elon Musk ’s pay package. In his final shareholder letter as CEO, Warren Buffett observed a growing pattern where chief executives' compensation continues to increase in a race for CEO pay. Buffett’s comments come days after Tesla approved a $1 trillion pay package for its CEO Elon Musk. The package, which requires the electric vehicle company to achieve an $8.5 trillion market capitalization, would elevate Musk, currently the world's wealthiest individual, to become the first person worth a trillion dollars. Musk's current net worth stands at approximately $449 billion. Subsequently, electric vehicle rival Rivian announced a $4.6 billion package for C
‘Envy and greed walk…’: Did Warren Buffett take a dig at Elon Musk’s $1 trillion Tesla pay package? What he said in final letter as Berkshire CEO
The Times of India1 hrs ago
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