"She’s just paid too much"

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One Essential Read

Recommended by Kate Turton, Newsletter Editor

As Tesla tanks, Musk's hand-picked board chair is doing just fine

Denholm has angered investors because of her high compensation and her defense of a $56 billion dollar payout for Chief Executive Elon Musk. REUTERS/Christine Chen

Billionaire entrepreneur Elon Musk is drawing political flak, and the controversy is pummeling sales at his electric-vehicle giant Tesla. Its stock has plunged – down 15% on March 10 alone.

Meanwhile Robyn Denholm, the woman who ostensibly supervises CEO Musk, is faring well. She was hand-picked by Musk to run Tesla's board and is the best-paid chair at any public company in the US.

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