Paying Musk, irrational exuberance and inequality

Menon, Rahul (2026) Paying Musk, irrational exuberance and inequality. The Hindu.

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Abstract

Despite the headlines, Elon Musk might never make a trillion dollars. The Tesla CEO would only receive this astronomical amount if he were to meet a set of incredibly ambitious goals, which includes increasing the stock value of the company to $8.5 trillion, selling 20 million vehicles and one million robots. It seems the stuff of science fiction, and perhaps it is. But the fact that Tesla shareholders see it fit to reward this vision should make us re-assess the place of shareholder capitalism in our economy, as it has shown itself unable to tackle two significant problems: irrational exuberance and inequality.

Item Type: Article in Newspapers and Magazine
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
JGU School/Centre: Jindal School of Government and Public Policy
Depositing User: Mr. Luckey Pathan
Date Deposited: 13 Feb 2026 12:33
Last Modified: 13 Feb 2026 12:33
Official URL: https://www.thehindu.com/opinion/op-ed/paying-musk...
URI: https://pure.jgu.edu.in/id/eprint/10915

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