The question of whether Elon Musk is being paid too little or too much has historically been a vicious debate among investors I know and follow. Bulls argue Elon Musk is a genius, and that his vision and personal contributions to Tesla are what has allowed it to become what it is today. They believe that Tesla will make the electric vehicles, robo-taxis, and clean energy solutions of the future; and we should account for that in the valuation of Tesla. Bears argue that Tesla is overvalued; facing fiercer competition from larger, more established automakers; and nowhere close to solving Level 5 autonomous driving yet. All this in the face of new reports that its cars are facing reliability and workmanship issues. Regardless of whether you’re a bull or a bear on Tesla, let’s have a look at Elon Musk’s compensation package and decide if it’s fair. (Disclaimer: I am...