Tesla proposes new pay package for Elon Musk worth up to $1T
Tesla proposes new pay package for Elon Musk worth up to $1T | TechCrunch
Casino economy based on griftonomics
So he's single handedly killed their brand and tanked their sales, so they want to... Give him MORE money?
So why exactly would any investor have any faith what so ever in that company?
and hear me out on this one; he could go fuck himself with a loaded shotgun.
Where’s Courtney Love when ya actually need her
That would be soooo hot.
Ees got a pumpy
Company performance and value have completely disconnected from stockprice and CEO pay. It’s just a pyramid scheme at this point, with the shrinking base of benefactors looting the til as long as the merry-go-round keeps on going.
Until it doesn’t. But by then they’ll be high and dry in their New Zealand bunkers, sitting on their hoard of gold.
The company has tied the compensation to a number of benchmarks, one of which involves increasing Tesla’s overall valuation from around $1 trillion to more than $8 trillion
So the directive is clear: Take the company that is valued well over 10 times it's actual value, and make it a 100 times overvalued!
Still on the prediction that Elmo will be bankrupt within 3 years
Tesla is already 100 times overvalued at a minimum, this would be 800 times. Their intrinsic value is not more than 10 billion, and that is before Elon alienated half of the West with his Nazi bullshit and government actions.
The guy "threatens" the company by saying he'll leave and the company's response is to give him more money? What the fuck do guys like musk and trump have on these people that makes them unable to say no to them? If someone threatens me I'm going to tell them to pound sand even if the thing they are threatening to do to me is good for me. I don't take well to being threatened. Once you capitulate with someone like that it's like bargaining with terrorists, it'll be death by a thousand cuts since they know you will capitulate again. You can't win by being a fucking Neville Chamberlain.
Have some fucking principles. He is one man. He isn't some super genius making your business glorious. He's a fucking nazi piece of shit draining you dry. Kick him to the curb and do actually good things for society.
Tesla isn’t trading on any kind of fundamentals so most of them know it’s a meme stock that is tied into the Musk cult of personality. What that means is that none of them want to be left holding the bag and if Musk leaves, the bottom drops out. The 1 trillion dollars is a ransom as Musk knows that if he leaves, the stock will drop until it reaches its real value. These members of the board and large investors are like hostages trying to negotiate with their captor. The bars keeping them in place are made of greed. They could cash out at any time really but they won’t.
I'm just a broke boi, and even I won't go near this piece of shit stock. It's Fantasyland. I get why institutional investors were in on it, like it has a meteoric rise, and the ones that were in did a great job of calling it, identifying it, and riding the wave.
I dont think there's any wave left to ride though. No one serious should be involved in this company. I say that as a customer too. I love my Tesla, what a fantastic car. But even I'm not buying another one, and I'm not giving them anymore money. My whole neighbourhood will burn me like a witch if I even thought of doing so. Old ladies flipping me off on daycare runs and stuff like that, who needs that noise?
Please tell me how government is inefficient and wastes trilions, again, daddy.
I think most of the inflated value of Tesla is due to Musk. Not because they're a good car manufacturer or have the kind of turnover that makes them worth more than most other car companies combined... So whatever the cost is, they need to keep Musk and live off of his charlatanism.
This feels like a desperate attempt to keep the cult leader on an obviously sinking ship. The Tesla board has to know if they loose this looser everyone will wake up and see how fucking terrible the company is doing
Seriously, is this just some shell company? Hasn’t the stock mostly tanked, but we give more rewards? Accountability for thee, but not for me.
Always has been. It is a meme stock parading as a car company.
First line of the article says he has to boost company valuation freom $1T to $8T to get it. That's a pretty insane target.
So this is just some chest pounding to get in the news cycle again. They're trying to prop up the value.