I can only assume they are somehow expecting a cut or kickback from this, I can’t think of anything he’s done in the last 10 years that was actually good for the company. You have to live under a rock, or more accurately in an echo chamber, to believe someone like this is good for the profitability of a company, let alone deserves that many zeros.
I mean you have to be pretty stupid to believe in Tesla at this point. When was the last time they came out with a new car? Not counting the Cyberrust.
I don’t think so. I think it’s a one-time compensation package at present, but I could be wrong.
I don’t understand it because that money could go to the actual people doing the actual work — and I’m quite sure they deserve it and could use it far more than Musk.
Imagine if they had instead hired 500,000 people on $100,000 each. They could have bought the entire city of Detroit and had it making Teslas, instead they’ve got one coked up narcissist.
You can offer shares to employees to supplement salary, its very common. It could be used to attract or retain staff by offering less salary but a larger overall package than their rivals and tie in the employees for a period of time till the shares vest.
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Great thing to do when they have to fire people, because the company goes to shit.
I def voted no with my three shares.
You mean your 1.5 shares. Wait, no, it’ll still be three shares, they’ll just be worth 1.5 current shares.
Facts!
Let’s hope it’s hush money too.
Is he getting fucked by Donald, too?
Then they are completely retarded idiots. I look forward to seeing them lose more money
I can only assume they are somehow expecting a cut or kickback from this, I can’t think of anything he’s done in the last 10 years that was actually good for the company. You have to live under a rock, or more accurately in an echo chamber, to believe someone like this is good for the profitability of a company, let alone deserves that many zeros.
That’s like, a million people’s wages. Absurd.
I like to compare these amounts as time.
1 million seconds is about 11 days. 1 billion seconds is almost 32 years.
It’s far, far more money than all the people he just laid off because he “had no other choice”
I think I’d calculated this out to $34000 per unit sold last year.
That’s nucking futs.
When a dragon hoards the people’s gold, the solution isn’t to give it more gold.
Mothergodfuckingdammit what is wrong with people
his followers are a celebrity cult. same ones who used to worship steve jobs balls
What are the performance targets? And does the value of the package depend on share price?
Stupid fucks must share in his assholian philosophy
Dumber than a box of rocks.
I mean you have to be pretty stupid to believe in Tesla at this point. When was the last time they came out with a new car? Not counting the Cyberrust.
Very few in the comments seems to have noticed this pretty crucial part.
Let’s wait and see the actual result.
Edit:
Ah well, they actually went ahead and did it. Good for Musk I guess, I doubt it’s good for anybody else.
Insane. No one person should have, or deserve, 56 billion dollars. And especially this piece of shit.
is it his yearly bonus? I can’t seem to understand it because of so he is leeching and crippling the shit out of tesla
I don’t think so. I think it’s a one-time compensation package at present, but I could be wrong.
I don’t understand it because that money could go to the actual people doing the actual work — and I’m quite sure they deserve it and could use it far more than Musk.
Imagine if they had instead hired 500,000 people on $100,000 each. They could have bought the entire city of Detroit and had it making Teslas, instead they’ve got one coked up narcissist.
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Even if the shares drop by 90% of their value after distribution and liquidation, that’s still 50,000 people you could pay 100,000.
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You can offer shares to employees to supplement salary, its very common. It could be used to attract or retain staff by offering less salary but a larger overall package than their rivals and tie in the employees for a period of time till the shares vest.
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Once the shares vest then he can get the money. The point still stands, just not immediately.
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