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Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business Review

If, by contrast, Tesla’s target was merely a $100 billion market capitalization — frankly, a great target for most companies, as it projects a 7% return annually for the next 10 years — then investors might quickly lose their appetite to continue financing the company. They signed up for transformation, not steady returns.

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What’s Wrong with the FAA’s New Drone Rules

Harvard Business Review

The cat out of the bag, the FAA hastily convened a Sunday press conference to announce the draft rules, further eroding any remaining confidence that the agency’s high-minded rhetoric about ensuring public safety is anything more than an excuse.

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Sears Has Come Back from the Brink Before

Harvard Business Review

Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. But from the average consumer’s point of view, it can be hard to see Sears’ competitive advantage right now.

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