Board members are generally large shareholders in the company and have fiduciary responsibility in their role. They shouldn’t need to be compensated on top of

Board members are generally large shareholders in the company and have fiduciary responsibility in their role. They shouldn’t need to be compensated on top of the stake they already have in the success of the company. It makes Teslas defense that it used the stock options to ensure the incentives of directors were aligned with the goals of investors. [1] kind of ridiculous. That’s literally their job and their fiduciary responsibility as a board member. I do have to note that a “fiduciary” has a distinct meaning here. 1. https://www.reuters.com/legal/tesla-directors-settle-lawsuit-over-compensation-735-mln-2023-07-17/ https://www.reuters.com/legal/tesla-directors-settle-lawsuit...