On the TED radio hour, NYU professor Scott Galloway says older Americans have failed to live up to the social contract between generations.
We talk a lot about income inequality, but we don't talk a lot about generational inequality, but we have purposely transferred wealth and opportunity from young people to old people.
Generation gaps.
That's on the Ted radio hour from NPR.
This is planet money from NPrdez.
Yeah, so, okay, we're here to talk about, I mean, is it overstating it to say, like, the most expensive, highest stakes vote in, like, I don't know, publicly traded company history or something?
I think that's fair.
I mean, this is a really unusual situation.
This is reporter Dana Hull.
She has been covering the Tesla company for more than a decade, works at Bloomberg now.
Regular voice on their Elon, Inc.
Podcast.
Yeah, we wanted to talk to Dana because Tesla and Elon Musk have found themselves or really put themselves into the middle of a story that sounds more like the plot of HBO's succession than real life.
The basic story is this.
Elon Musk, Tesla's CEO, helped to take his company from the brink of bankruptcy to one of the biggest companies in the world.
And his compensation for that was an unprecedented, unprecedentedly large pay package that turned him into the richest man in the world.
But.
But then a judge undid the entire compensation plan, taking away Musk's entire, unprecedentedly large pay package.
That decision, of course, also unprecedented, which then set up the also unprecedented high stakes vote we mentioned earlier, where shareholders got to weigh in on whether they agreed with the judge's decision.
Tesla is the largest automaker in the world in terms of market cap.