I mean he’s earned it, look how great Tesla’s been doing lately, have you seen those sales number?!.
/s
ConsciousStop on
> Tesla’s board has approved the award of 96mn shares worth about $30bn to Elon Musk as part of a new pay deal after the billionaire chief executive **threatened to leave the electric-vehicle maker if he was not given more stock**.
Instead of using the opportunity to send him packing, they gave away more of the company to keep him?
tjk45268 on
The only incentive that Tesla needs to provide to Musk is a promise that they won’t criminally prosecute him while he’s employed there.
wwarnout on
This might be the strongest argument for „Billionaires should not exist“.
Ok-Car-8506 on
I have no fucking idea how they work there. Musk must have something on the board. I mean, I am a CEO of a small startup, if I would start showing na*i symbols online, I would be sued, fired and prosecuted. What a timeline to be alive lol.
The guy literally destroyed his company and got rewarded 30B, fucking insane
PrestigiousSeat76 on
That’s insane. Most CEOs would be getting fired right now based on performance, and they just bend the knee to him?
Lilybaum on
Remember when Elon said that it would take $6 billion to solve world poverty and then spent $44bn buying twitter?
rstew62 on
I wonder if I did a terrible job at where I work if I would get more money?
angeAnonyme on
Tesla sold in total 7million cars (1.8 million last year).
This bonus is like if he got paid 4000$ for each Tesla ever sold.
Wtf?
Sci3nceMan on
Question: Where do the shares come from? Is this dilution?
SpeshellED on
Greed driven Elon needs more money. What a scumbag.
Additional-Year-500 on
I hope the shareholders will take them to court again.
PM_me_your_O_face_ on
For what? Tanking the stock 25%+? For killing Tesla sales in Europe with his behavior? For causing protests nationwide at Tesla dealerships?
somethingmoronic on
This is the precursor to a leopards ate my face post.
wwarnout on
The verb „Awards“ implies he did something positive. I’m sure it will happen any time now…
PassiveAgressiveSign on
This is why I don’t touch TSLA with a 10ft pole.
Mysterious-Lick on
It helps a bit when his bro’s on the board too.
And that hate or not, the whole stock is pumped up based on him alone, delusional investors be delusional so long as daddy keeps their portfolios up.
BloomingNova on
If this isnt evidence the tesla stock is a meme, I don’t know what is.
Even if Musk was uniquely more qualified than everyone else in the world, he wouldn’t be worth that much to the company.
The board knows the stock is a meme and the meme is driven by their meme ceo. If tesla loses Musk, the meme price drops out and everyone loses 80% of the value over night
re4pz on
The board is as dumb as the man himself
Tagous on
Will he ever pay taxes on any of it?
kitsunde on
CEOs get compensation based on performance.
What they don’t tell you is apparently negative performance is also rewarded.
FuzzyYellow9046 on
Which he’ll certainly use to advance quality of life for the common man.
rockykrump on
Which he will then take a loan out on and never pay taxes
Skinnieguy on
1 billion of that and he can buy the next US midterms. Sigh
Postulative on
Will he be able to cash any of it out before the company collapses in a sea of red ink? Tesla’s stock price feels like it should be in Monopoly dollars, it is so disconnected from reality.
majesticGumball on
Extreme and chronic hunger could be ended from that amount of money – globally.
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26 Kommentare
I mean he’s earned it, look how great Tesla’s been doing lately, have you seen those sales number?!.
/s
> Tesla’s board has approved the award of 96mn shares worth about $30bn to Elon Musk as part of a new pay deal after the billionaire chief executive **threatened to leave the electric-vehicle maker if he was not given more stock**.
https://www.ft.com/content/ae085ae9-3d15-4d68-a28f-39c88e8bf8c8
Instead of using the opportunity to send him packing, they gave away more of the company to keep him?
The only incentive that Tesla needs to provide to Musk is a promise that they won’t criminally prosecute him while he’s employed there.
This might be the strongest argument for „Billionaires should not exist“.
I have no fucking idea how they work there. Musk must have something on the board. I mean, I am a CEO of a small startup, if I would start showing na*i symbols online, I would be sued, fired and prosecuted. What a timeline to be alive lol.
The guy literally destroyed his company and got rewarded 30B, fucking insane
That’s insane. Most CEOs would be getting fired right now based on performance, and they just bend the knee to him?
Remember when Elon said that it would take $6 billion to solve world poverty and then spent $44bn buying twitter?
I wonder if I did a terrible job at where I work if I would get more money?
Tesla sold in total 7million cars (1.8 million last year).
This bonus is like if he got paid 4000$ for each Tesla ever sold.
Wtf?
Question: Where do the shares come from? Is this dilution?
Greed driven Elon needs more money. What a scumbag.
I hope the shareholders will take them to court again.
For what? Tanking the stock 25%+? For killing Tesla sales in Europe with his behavior? For causing protests nationwide at Tesla dealerships?
This is the precursor to a leopards ate my face post.
The verb „Awards“ implies he did something positive. I’m sure it will happen any time now…
This is why I don’t touch TSLA with a 10ft pole.
It helps a bit when his bro’s on the board too.
And that hate or not, the whole stock is pumped up based on him alone, delusional investors be delusional so long as daddy keeps their portfolios up.
If this isnt evidence the tesla stock is a meme, I don’t know what is.
Even if Musk was uniquely more qualified than everyone else in the world, he wouldn’t be worth that much to the company.
The board knows the stock is a meme and the meme is driven by their meme ceo. If tesla loses Musk, the meme price drops out and everyone loses 80% of the value over night
The board is as dumb as the man himself
Will he ever pay taxes on any of it?
CEOs get compensation based on performance.
What they don’t tell you is apparently negative performance is also rewarded.
Which he’ll certainly use to advance quality of life for the common man.
Which he will then take a loan out on and never pay taxes
1 billion of that and he can buy the next US midterms. Sigh
Will he be able to cash any of it out before the company collapses in a sea of red ink? Tesla’s stock price feels like it should be in Monopoly dollars, it is so disconnected from reality.
Extreme and chronic hunger could be ended from that amount of money – globally.