Strange, because in order for Musk to get any of that $1trillion pay package, the part of Norway’s mega wealth fund invested in Tesla would have turned into a mega mega, mega, unbelievably mega, wealth fund. Voting against their own interests sure is something.
Tesla has sold 7 million and something cars in total according to google. If each of those was 100k, that would still be less than a trillion in total. How could one guy get paid more than the whole company ever made?
This is supposed to be paid out over time based on future performance milestones. Also based on projected increased value of shares as a result.
Still insanely, insanely high though.
Still insanely, insanely high though.
But undeniably worth it if you’re a tesla shareholder.
It’s like your financial adviser saying “I’ll make you a billionaire in 5 years, and if I do your bill will be $1mil. If I don’t, don’t pay me anything, and you’ve lost nothing” - why would anyone have an issue with that?
In the market these days, it’s not what you’re making now but the future potential of what you might make in the future. And Musk is an expert in dreaming big and make other people believe it.
And Musk is an expert in dreaming big and make other people believe it.
And has a near flawless record in achieving those dreams, making the people who believed in it filthy rich.
This pay packet is, like his last one, a “bet big on me and I’ll make you all insanely rich, or I get nothing” bet. It makes no sense why anyone would say no to it.
He hasn’t achieved those dreams at all with Tesla, or any other company that he actually runs. Over a million unsold cybertrucks. No actual autopilot that works. The cybertruck is 17 times more flammable than a Ford Pinto.
Elon Musk is an average intelligence fascist scam artist that happened to have a golden spoon in his mouth from day one.
Ya most of his shit is stupid though. The cyber truck, terra forming mars with nukes, the hyperlopp, etc. The Tesla dream was there before him. I just don’t get it…
Because it’s nonsense. We’re a decade past the promised rollout of full self driving, the hyperloop is a failure, the cybertruck is a flop, China makes EVs significantly better and cheaper than Tesla. The batteries they’re selling are looking more and more likely to get leapfrogged by solid state batteries too. Half the world refuses to touch anything his companies produce.
Tesla stock should be in the shitter, but results don’t matter anymore.
the hyperloop was an actual scam to stop claifornias fast rail system from being developed, long enough for elaine chao to block its funding.
This is moot. Musk has never met a milestone once, and if he doesn’t meet milestones, he gets jack shit.
Musk has never met a milestone once
Apart from all the ones that he has, like his last mega paypacket at tesla, you mean?
Piss baby Musk should take his final breath under a bridge with nothing to his name. That would be fair.
What would be fair would be if he as he is sitting on the ground a Cybertruck in summon mode careened off the road pinning him against the building not killing him instantly but slowly while the radio in the car is playing a comedy show where he and his companies are the punchlines. The last thing he hears is his legacy being laughed at as a joke
It sounds like you’ve put some þought into it.
