CHOOSE “ELSE”
Don’t threaten us with a good time.
Pay Musk or else what? Do people think he's going to abandon this money grift of a company that he still owns 12%.
Not just that, Tesla is his biggest or 2nd biggest holding. He can't let it sink.
Pay Musk or else we won’t deliver the Roadster on time! Oh, I mean we won’t deliver unsupervised FSD on time.. oh, I mean we won’t deliver autonomous taxis on time… oh, I mean we won’t deliver robots on time… oh, I mean the flying cars - that’s the deadline that will be impacted if we don’t pay Musk now!
Or else what? Is he really going to take his ball and go home? If he does, "the legend of Elon" goes with him and his interest in TSLA dries up too. Maybe he's playing it out like a doomsday weapon, but we all know he's full of shit.
So... Elon Musk told the board to tell the shareholders to vote for him or else? lol. It's funny because it's true. Elon Musk owns over 15% of the company and voting shares, so shareholders by default have already given Musk's pay package 15% of their votes. Musk also has many friends, family, and investment firms in his back pocked who will vote exactly as he tells them to vote. How companies like the Vanguard Group and BlackRock will vote, given that between the two, they own 11.5% of the company... is anyone's guess, but I imagine they'll vote Yes... so now it's even harder to defeat this ridiculous proposal. Mind you, if Tesla votes for this and enriches Musk even further, he will end up owning an even larger share of the company, making it even harder for shareholders to have any say in the future of the company. Musk says he wants more say.. but he gets that by removing the other shareholders' say. On another note... If shareholders vote for Tesla to buy xAI in part or whole in an all shares sale, a company's whose off the charts (and completely unjustified) $300 billion valuation seems to come in large part from the idea that Tesla will buy it... pushing the value of the company artificially up, and a company in which Musk himself owns around 56% of the company (and his family, friends, legion of cult like investors own another chunk of)... Musk's ownership stake in Tesla will instantly grow to over 25%. At that point, the thought that investors, some of whom have been investing in the company for over a decade, will ever have another say in what the company does ever again is laughable. You will completely lose all rights to vote on the direction of this company in any future shareholder meeting. You will have no voice. To add to that, given that xAI is so overvalued, and Tesla will almost certainly overpay for the shares, your Tesla stock will also be devalued, and you'll lose money on the deal... transferred directly into Elon Musk's pockets. I guess being the richest man on the planet isn't enough for this guy. So... big hurdles to overcome to stop Musk from doing whatever he wants and paying himself whatever he wants in the future and silencing all shareholders. That doesn't mean investors shouldn't try though. And the benefit of voting no is that you can say you didn't support a fascist. I mean... you still do.. but not as much...
musk is tesla's biggest liability. they'd be instane to keep him let alone pay him a trillion dollars.
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I would love to see the vote go no for him and he stays and then people realize he isn’t going anywhere unfortunately
"Many shareholders believe only Musk can deliver on promises of robotaxis, robots" How are rich people so stupid?
Or else your share price goes down with Elon. Which is why the vote will eventually pass. But it’s all a bluff by Elon. He wont tank it cuz he needs tsla to keep him rich. But are others willing to lose with him? I dunno. Money talks.
I'll add that if somehow, by some miracle, Musk loses these votes... then remember folks, there there will undoubtedly be re-attempts by Musk and this board in the future. If you've been following my commentary on the stock price... you'll know that I believe that Tesla stock can and will dump badly if the overall market correct on account of Tesla's positioning in the market. Until then, the shareprice will continue to appreciate. If Musk loses this vote, and then the market crashes, and then the stock crashes as expected, then it goes without question that Musk will blame the crash on the vote, and try and fear monger investors into voting for the proposals in the next meeting. So ummm. yeah... if the vote fails... that's the future y'all have to look forward to. Musk doing anything and everything, no lie too big... no scam too far... he will continuously pressure shareholders to vote for these proposals. The irony is that if the vote to buy xAI fails, and Tesla stock crashes, and Musk/xAI keep inflating the company's valuation, and another vote comes up to buy xAI that passes when Tesla's tock price is lower... the share transfer from Tesla to Musk in that purchase deal will be even larger, on account that a lower Tesla shareprice would require a larger share transfer to purchase xAI... presuming xAI's valuation remains hyper inflated. Isn't trading heavily manipulated stock owned by heavily corrupted people fun, kiddies?
Or else what?
“The board and many investors argue that only Musk can deliver on his promises to transform Tesla into an artificial-intelligence juggernaut delivering millions of self-driving robotaxis and humanoid robots.” Okay, but I invested in an electric car company. Also, he will never deliver on any of that.
Or what? They might actually might sell some cars?
>Pay Musk or else what? The article says Musk might quit Tesla if the pay package ($878B 😳) isn't approved. The thinking appears to be that Musk stepping down would tank the stock price and hurt Tesla shareholders. That includes Musk, of course, but he is probably uniquely positioned to ride it out. It's high stakes arm twisting.
That's the crazy part. Musk is awful at so many things. He's missing deadlines and at this point all Tesla is is just another EV company among many, and losing any leadership position it ever had a little more every day. But despite all his flaws and how terrible he is at actually *making* most things he says he's going to make, he does do well on powering that hype train. I have no idea why really, but people believe in his lies over and over and over. The entire stock is a meme stock propped up by false belief in his propaganda. So on a functional, technical level, I truly believe Tesla would be much better off without him, from a stock price perspective... they'd absolutely tank without him.
CEOs should be rewarded for achieving goals and matching or exceeding market expectations. If Tesla hits 10+ Trill, sure give musk his T. That's Nvidia times two without unique product(s) or delivering on now ten year old coming soon products. Tesla has a lot of competitors in the EV space, doesn't own or develop battery innovations, and doesn't enjoy economies of scale.
Shareholders to Board: Fuck you!
It is a bluff. Let's hope they call him on it.
Obviously, if Tesla hired eight million workers at a hundred thousand salary they would have less than the same value as one Musk. So it needs to be done.
I’m not so sure that he is positioned to ride it out. He allegedly has a huge amount of leveraged loans taken out against his Tesla shares. Riding it out may not be an option at all for him. That’s why he wants this ridiculous pay award, because he can’t raise any more loans against his holdings.
The funds will probably vote yes realizing that they too need to keep the myth alive, at least long enough to bail out gracefully.
Pay up or what? Take his Cyber truck boat and flying roadster ideas with him?
I mean they're not wrong, only Musk can deliver that because normal people would not lie like Musk would.
First he needs to get the rocket propelled roadster to the dipshits that ordered the vapor ware
These board members are like death eaters supporting Voldermot
It gives the same vibe as the abuser in an abusive relationship. "Keep giving me more and more while I do very little or you'll suffer."
My wife won't let us buy a Tesla because of him. If he's gone we might buy one, certainly the possibility is higher. I'm sure I'm not the only one...
Unfortunately he's become both the biggest asset and liability. His name and the mythology that surrounds him, along with a long list of false promises are what keep the fiction going and the price hyperinflated. On the other hand, his outside activities have poisoned his name in the eyes of the demographics that are most likely to purchase Testicle's products. This is a no win situation.
I'll argue that most shareholders aren't that stupid. They are buying into TSLA for the same reason people buy crypto. It's a gambler's paradise.
Let's assume they call his bluff and he does leave. The stock tanks to more realistic levels, maybe $10-15, but they also have a chance to regain those who have ditched the brand specifically because of him. In the long run it's the only thing that will actually save the company. With him it's still just a big hype waiting to burst.
Or else flush that board full of enablers and get some real oversight into this company?
You have perfectly illustrated that Musk's demands are extortionate rather than a reasonable compensation for the value he brings to Tesla. But Tesla shareholders can be forgiven for thinking that giving into the bully will help them, in the short term at least, and for ignoring the long term consequences of giving so much power and money to one semu-involved man.
Isn’t musk out there busy starting riots? Loser.
Tesla Shareholders to Tesla board; get f@cked with your demands….🤬
>I’m not so sure that he is positioned to ride it out. Maybe. It'd depend on just how indebted he is. I'm reminded of the old saying that if you owe the bank a hundred thousand you can't pay, you have a problem. If you owe the bank a few billion and can't pay, the bank has a problem. If his loans really are so big that he needs almost a trillion dollars, his lenders are in a very difficult position.
Or else we get a new CEO that actually focuses on the core business. Please do.
If Musk quit, the stock would go UP.
the shareholders that are saying that are all musk.
They're quite wrong. Musk isn't the sole person who can do it - he's one of the handful of people whose egos makes them incapable of successfully delivering robotaxis/useful robots. The people propping up Musk in the ponzi stock scheme are diametrically wrong. Ignoring stock prices, if they actually want to get robotaxis, they need to fire Musk and put someone in charge who can reverse the bad decisions Musk continues to insist are correct. Every year that goes forward, Tesla loses another 10 months of relative progress. All because of Musk.
If he doesn't leave, TSLA is cooked. The hatred toward that man, all around the world, is hotter than a thousand burning teslas.
tell him, vinnie
So teslas board approves of all his right wing Hitler loving bullshit. Teslas board loves a Nazi salute
Blackmailing your fellow owners into voting your way…. Sounds like a great way of doing business.
It’s a dilemma. Musk leaving Tesla would be the best thing for Tesla in the long run, but then it would have to focus on making and selling real products and the valuation would come back to earth, and current shareholders would take a significant haircut. My guess is the pay package will be approved. Edit: when are the flying cars coming out LOL.
Elon Musk is so obviously trying to replicate what Steve Jobs did at Apple by creating new product categories or re-imagining existing ones. Is he an asshole? Yup. Does he seem mercurial? Yup. Does he relentlessly push his people? Yup. The big difference is that iPhone, iPad, iPod, Apple Watch, new Macs, airport, that airport thing that let you create wireless network in your hotel room, were all delivered and worked. The success of Apple is as much about ease of use and fitness for purpose. The iPad seemed like a joke when it was first announced, but the form factor and function are really useful. Tesla has delivered nothing that matches that since they first released a mass-production BEV. Yes, there are secondary features that are nice, but there is nothing left in the Tesla portfolio that is game changing, nothing that is far ahead of the industry, and almost nothing to differentiate from other options. The money and effort spent on WankPanzer and the semi could have gone into updating models, expanding the lineup, or just making them higher quality. Again, nothing.
It often works for guys like Musk. I get the impression he might not have done well in his business ethics class.
True, but fanboys are still fanboys.
Which is probably why all of these institutions have outrageously high valuations of Tesla and buy recommendations.
Bubbles eventually collapse.
It is literally one of the most corrupt boards in history
Tesla the company and TSLA the stock don’t have the same interests. Hell, they are barely even connected. Tesla the car company would benefit from Musk losing all influence, TSLA the stock needs him to pump the value with unicorn farts
Seriously like why else would you let him run wild with the company and it risk collapsing suddenly? There is no reason to have that risk with your investment. It’s going to catch up one day because it just sounds like they are constantly defrauding their customers and investors with vaporware bullshit. Rip off the fucking bandaid and get rid of him or take your money out of Tesla. It’s an easy choice imo
Even if Tesla delivers on robot taxis and general purpose robots, it doesn’t warrant the stock price.
Yeah but every year until then they are collecting 100s of millions in interest payments. Which is great for their quarterly numbers, all that they really care about.
Maybe people could just divest from Tesla and invest in something more stable. I mean why put up with this bullshit day in and day out?
For real. But unfortunately he’s surrounded himself with dick riders that would actually cry if he left. That’s the thing from outside we think these people are crazy. But he’s operating from the view of a manipulator. It’s literally a toxic relationship but with a major company it’s pretty crazy.
You misread what I wrote. Musk can deliver on promising those things, I never said he actually could deliver. If anybody else were making these promises, it'd be obvious that they're full of shit. Actually it is obvious, but Elon has a cult following.
The flying car thing gets me because last week someone got arrested for flying a homemade hover craft in airspace without the proper paperwork. Yet people think they’ll be able to be pilots with no training all of a sudden?
Because it's going up! /s
And then what? 2 trillion next year?
No way could he ride it out. If it came back to reality it would lose about 95%.
Ya, he scrambled to get the cash to by Xittter when he was forced to buy it, selling off a lot of his TSLA in the process.
Are there any that are figurately the most corrupt?
There must be a CGI rendering of it somewhere.
You're thinking Tesla will lose 95% of its market value if Musk steps down as CEO? I don't see it. A large reduction, yes. But 95%?
I think it's about time for Tesla's BoD to go. They have failed long enough to deal with their problem child.
But their stock price doesn’t reflect that. Everyone makes electric cars, and Tesla is valued so high above all other car manufacturers, that they couldn’t sell enough cars to justify their price. So Tesla has to pivot to the next big thing, otherwise their stock price doesn’t make sense. Tesla has to be the lead on the next big thing for their stock price to make sense. If they guess wrong, they only will have the same problem they would have had they just focused on cars, ie their place in the market doesn’t match their value.
This is just the point. They could hypothetically come through with robotaxis is they got rid of Musk and his micromanaging things he knows nothing about, then let the real engineers work it out. That also could very well take care of all the quality and safety issues. The actual company and its products would benefit greatly by getting rid of him.
He "sold" [Twitter to his AI startup](https://www.reuters.com/markets/deals/musks-xai-buys-social-media-platform-x-45-billion-2025-03-28/).
Yes, only Musk can deliver on those promises, but playing video games all day. And since when has his delivered on a promise?
If only shareholders of that calibre weren't exclusively looking for "more, more, more!" People don't want FSD that doesn't work (and outside of North America, isn't even available) and never will, they don't want less and less features and they don't want to buy from Musk. They'd have a legit chance to turn the company around by ousting Musk. Without him, they could reverse the boneheaded technical decisions. The tech base is there, it just needs to be focused on the correct things. With Teslas excellent EV base tech, their charging network and their high degree of vertical integration, they could produce a small to midsize EV at a price that would stomp the market as it currently is. All it needs is some degree of feature parity with the competition and better QC.
The stock price makes no sense period.
Why when there are plenty of other options now, from companies that aren't known for poor quality or support.
That's what they should do but I wouldn't hold my breath.
Got to love the shell game.
Oh no . “Else” is coming !
If I were a stockholder and a believer, I'd still vote no. The CEO should not hold the stock captive on whether or not they do a good job. Doing a good job is literally their entire fucking job. Even thinking about this kind of a threat means they need to get replaced.
"The board and many investors argue that only Musk can deliver on his promises to transform Tesla into an artificial-intelligence juggernaut delivering millions of self-driving robotaxis and humanoid robots." How many times can you con people with the same gimmick? Thats not a rhetorical question....im seriously curious!
Tesla is a meme stock and their board knows it!
That is true. We've tested a lot of other cars and so far she only likes the Volvo XC40 which is okay but dealer support is garbage. Hopefully when we are ready to buy in the next year or 2 other options are available.
I wouldn't expect much from Volvo now that they are Chinese.
The fact that one person can hold $1.5Trillion hostage is obscene.
Right so I'm looking for other cars. Unfortunately in Canada selection is very crap for affordable EVs with reasonable range. Hopefully in a few years. The Kia EV3 looks promising for us but has been delayed many times.
If Musk really quits, Tesla has no longer a swasticar-Image and Sales will go up.
If this is the "if we get to a gazillion trillion price you pay me a trillion" then why the f not? Not like he'll do it.
So many stupid people pretending to be smart every other company out there is eating Teslas lunch but yet they just keep blowing smoke up everybody’s ass
He's one of the few people who can deliver such an absurd lie.
I'm confused on this too and haven't seen that explained. So he doesn't get the pay package, he devotes all of his time to other companies -which the board is just ok with because for some reason they would want to have an absent CEO vs any replacement. And Musk is not at all bothered by the loss in value in the primary source of his wealth? Also over the years it sounds like his other companies have relied on resources borrowed from Tesla. I believe Musk needs Tesla more than anyone and Musk needs Tesla to achieve what he has already promised, more than anyone with or without the pay package.
Hasn't it been 7 years since they revealed the roadster? And those people put down $250k and have gotten nothing out of it.
I bought Tesla stock just to say no. 😈
Adelphia Tyco Enron Those come to mind first
Bruh their EBITDA is gonna be 400 billion didn't you hear?
Shareholders only care if the price of the stock goes up, even if it's just based on fairy dust that has to be repeated every 6 months. The problem is, just like Thearanos, eventually it'll all come crashing down.
100% on point
I don’t get that concept. If this is someone’s actual fear, why don’t they simply sell their shares?
Match King bout to be beaten
Didn't this same shit happen like last year
The commercials are ramping up hard. Went to a public bathroom and the small screens had this Tesla Ads running constantly. when are the results?
I would pick else.
Or else he leaves? Don't threaten them with a good time.
God I hope the funds opposing this nonsense sell their shares if it goes to pass. It's actually quite irresponsible to keep holding shares given the ruined fundamentals.
Wild, Tesla profit for 2024 was only 7.1 billion, and Elon wants 878b pay package? This, my friends, is voodoo economics.
Ah yes, the guy who constantly lies about their goals, is the only one that will accomplish them. Because without the lies, how does the grift keep grifting?
i guess insofar as he's insanely wealthy he's uniquely positioned to ride it out, but he's also uniquely vulnerable as well. the majority of his wealth is in tesla stock and most of the rest is spaceX, which i believe is privately held so hard to actually value. if tesla stock collapses to a normal valuation he'll lose hundreds of billions directly, and i can't imagine there wouldn't be secondary negative effects on SpaceX's value and X. it's a house of cards.
Like that's such a bad thing.
Else it is
Or else what?
It’s not an unreasonable argument tbh; because Tesla is a meme stock and Musk is the memer in chief. A HUGE percentage of the Tesla valuation is tied to the Musk brand - ie his early days of masquerading as a boy genius. His fanboys (and the vested interests behind him) are propping up the stock. The board is saying “If he stays as CEO we get to keep the grift going for all of us, for a little bit longer - but if you don’t, the party is over for all of us right now.” No one at Tesla wants to be an actual car company. What a joke of a governance board.
No.
Pay him with what money ? Bag holders? Lmao
Sell your stock you can also choose else
They aren’t the smartest
Am I the only one that smells something fishy? Is he personally way over leveraged? No one thought a thing about Madoff until the broad market collapse knocked out his ability to come up with enough cash to pay out. I would not be surprised to learn he has created some multi billion dollar shell game.
FOMO
Because the promise for the 800 billion is that the stock will be pumped a lot more, so they hope to sell their shares during that expected pump.
Or else
Musk is ready to pop the pimple: he’s either taking her for all she’s worth or burning it down. In a way, I respect the move since it’s a tough move to make. Then again, he bought the company and built a fortune with it and will still own a portion.
Why tf do you want your car company doing a robotaxi(stupid ass name) and robot side quest. Tesla had a massive first-mover advantage in the EV space and have done everything they can to squander it to the point where they dont even put out communications like they remember they make cars. The company being so reliant on the Model Y for revenue is going to bite them in the ass so hard.
Which is irrelevant anyway. All he has to do is say “I am going to IPO SpaceX (or break off starlink to its own IPO)”. Then he would be fine again.
He would just say he’s going to IPO SpaceX. His money issues would evaporate after saying that. He doesn’t do it right now because he wants to keep control of it.
highly leveraged
Can we at least TRY “or else” ?
Nah, the semi, if say done with a waymo flavored self driving tech could be a big seller for companies to electrify and reduce costs for regional shipping The big miss, IMO, is that he never made a serious bid to USPS when they wanted plans to electrify. He could have had close to 50 thousand brick and mortar store fronts showcasing his solar roofs, powerwall storage, and new sexy USPS trucks designed for USPS (vs the abomination that is CT). He also would have a much bigger super charger network, and could have likely stomached some profit sharing to the USPS (they get a piece of the profit from people charging up at the post office). Oh and also just massively expanded his battery lifecycle loop (since you would use old car batteries with only 40% capacity at the locations and only to act as a buffer for charging demands. EDIT: OH FORGOT ONE THING!!! By providing vehicles for USPS, you now just massively expanded your road mapping system , as the USPS has a legal mandate to deliver mail to any valid address within the US…
My only thought is that they may vote no and then sell their stake in the stock if there's a major market correction, in hopes of buying a larger piece of the company at a much lower price. I mean... if I'm running an actively traded Vanguard fund (are they actively traded?) or Blackrock funds... that's the thought that would be crossing my mind. "How do we get rid of Musk, whose become a massive liability to the company and has made repeated missteps in recent years, without losing a huge chunk of our investment, and then buy the stock at a much more reasonable value for long term appreciation?" To be clear... Musk not getting this pay package, even if he left the company as a result, doesn't automatically tank the stock. For it to tank, Musk and/or other investors would have to sell a large chunk of shares into a market that doesn't want to buy them at these hyper inflated valuations.
They would? SpaceX is currently around a 350B market cap which given its 14B revenue number puts it firmly in the irrational valuation much like anything in Musk's orbit.
Not in my view. SpaceX, if it is successful with starship, has a baseline requirement of 100 launches a year JUST FOR STARLINK . If they want starlink to be a 40k constellation, with about 10k a year being replaced (5 year lifespan), they need 100 launches a year. Now without getting into starlink profitability discussion (smarter people go into good ways to measure that - one of which is looking less at total customers, but at connections while over land - I’ll try to find the link for you), hitting or continuing to ramp up to that alone will prove the tech over the next 3-6 years. Track record with falcon is great so that’s an indicator. Once that’s shown successfully (and they are actually doing over 100 launches a year), SpaceX will be easily valued over a trillion dollars.
It would lose more than 95% value. Single digit stock value is if the company is doing well. The current state of sales declines and shitty product pipeline means it should be under $1 per share.
so if a bunch of speculative stuff happens spacex will increase it's value by 2-4x easily. um, ok.
But there is a win outcome if they dump him. Consider Apple. With the death of Jobs, everyone thought the company was going to tank. But Cook has turned it into a well-oiled machine, maybe not as innovative as before, but still a money maker and more efficient than under Jobs. Maybe Tesla has the same opportunity?
Lol @ speculation cop out. SpaceX already proved delivery to orbit. SpaceX recently proved starship return “landing” (in water). SpaceX has a drone platform for landing boosters on. All automated and mature. SpaceX has done things people were writing sci-fi novels about 50 years ago. 25 years ago, people wojld have laughed at you if you told them what SpaceX is currently doing today. Like laughed you out of the room. Thinking starship won’t be mature enough by 2030 is the more unlikely outcome at this point.
If I had 10 million to invest today, I’d go find a broker to purchase 5-7 million dollars of SpaceX shares. Instead I’ll just invest in rocketlab, and have been since it was 4 a share.
cool, man.
wtf would a normal company need to achieve to have a single day $17 a share rise when sales continue to flatline/crater? This is a ponzi.
Time to start designing a new submarine.
If they pay him out, will the stock dip or preferably tank?
Else
K bye.
They know if he leaves, the stock will go to zero
I’ll take “else”
All the more reason to deny it then. Don't threaten us with a good time!
Yes and no. An IPO for Space X or Starlink would force disclosure of their financials, and IMO, neither has *ever* had positive cash flows. They're coming close, but there aren't enough potential customers (financially secure, far from fiber, cellular or terrestrial microwave internet) willing to pay for low-latency internet (higher bandwidth already was offered by ViaSat and Hugues) to support StarLink's > 14% / year constellation attrition. And without StarLink launches, SpaceX doesn't have the scale to be cash flow positive *and* invest in Starship. SpaceX owns most of the 40 launch per year commercial launch market (excluding StarLink). Great, but that's only a $10-15 billion / year revenue operation. It's not clear the newer customers for launch services made possible by SpaceX, like PlanetLabs (PL), have ever been profitable. I suspect pretty much the entire post 2010 space industry runs at a loss or very thin margins, burning through investor cash. Not just SpaceX and its subsidiary StarLink, but all the others like RKLB all the other private companies like Blue Origin. The killer 'apps' for space were telecom and spy sats. And when even those require government subsidies to cross thresholds into profitability, they're not great businesses.
His family is on the board too. If Musk leaves, his family holds barely any control on the board.
Solid information. Thank you for offering up your views.
>SpaceX has done things people were writing sci-fi novels about 50 years ago. The moon landing was 56+ years ago. What were you reading where what SpaceX is doing is crazy sci-fi? Delusional
With the death of Jobs, the quality went to shit, so reverse of that. Elon \*is\* the problem. Getting rid of him would probably help save them from certain doom by turning them from just a hyperinflated stock into a real car company.
It's straight up extortion. But whatever I guess it's legal because it's a billionaire doing it.
Easy. The CEO buys up most of the stock with sock puppet accounts so they're able to drive the price up whenever they want to. Elon literally has the power to print money.
I originally wrote "extortion," but I'm not sure it meets the legal definition. Might be racketeering. "Nice car company I have here. Be a shame if something happened to your piece of it."😂
If TSLA drop 95%, it would still be worth $75B. That's more than any other automaker except for Toyota.
Tesla's net revenue since 2013 is 97.69 billion dollars. So if everything stays constant it would take ~112 years to earn his pay package back.
There's a reason why Elon has never taken any of the many company's he's founded public. And why he tried to sell Tesla.
When are the results?
Pick “or else”. He doesn’t bring anything but baggage. Cut the loser loose.
The vote is scheduled for November 6
It's not a question of whether or not Starlink's profitable but if enough high value subscription demand exists for 40,000 satelittes. I'm very skeptical that it does.
A $1.5 trillion company with a single point of failure. And that single point of failure is a 54 yr old with a drug habit whose actions at DOGE will cause the deaths of millions and needs massive security. This in itself is absolute insanity. It’s a house of cards.
If Elon is your only hope it seems like you’ve done a pretty poor job at building talent and a roadmap for succession and maybe you deserve to go under. What happens if he gets hit by a bus or does some bad blow?
Sounds like extortion, not a lawyer though.
>not a lawyer though. Me either. Which is why I'm not sure if it meets the definition of extortion. But it's scummy either way.
No.
Star link will never be profitable. Space x only shows profit because it lies about starlink.
Scummy is their middle name
Pretty sure they can find somebody else to take credit for other people's ideas. If I'm on the BOD I'd already have found the new CEO.
The board serves the shareholders, not the other way around.
Fuck Musk.
I think it was $50k, and Musk won’t give the deposits back
I don't think they actually believe it, they just want everyone else to.
I really want to see Tesla fail now since the idiot shareholders want placate to Elon like he's the Steve Jobs of cars. Next 5 years should put some heat under Tesla to make better cars. BMW is releasing the X3 with 400 mile range starting at $60k. And Rivian is coming out with the mid size SUV, the R2, which has 330 miles of range. The bubble should burst soon hopefully.
> his promises to transform Tesla into an artificial-intelligence juggernaut In one way somewhat funny that they go with that - considering that Musk has already looted Tesla for AI people and hardware to feed his private startup xAI. In a more sane world, that move would have put both the board and regulators after his ass. It's two separate companies, with only Musk connecting. Instead, the shareholders will soon get to vote on if they approve of Tesla investing in xAI.
That's what the board thinks. Problem is the board doesn't think on its own. It thinks what Musk tells them to think. They're just figureheads to nod at whatever Musk says. The truth is Musk stepping down would probably be a big boon to Tesla stock because the company can finally achieve and reach goals instead on relying on empty promises and shitty decisions.
I chose "else"
Only in todays crazy world could this ever be considered as acceptable. It's pretty much blackmail.
What if Tesla is better off without Musk at the helm?
It is also entirely possible that he wants an alibi for an exit. As things are going, Tesla is not long for this world. "We dug our own grave with Cybertruck"
He’ll shuffle it around his balance sheets like a hot potato
Especially when he needs something to make that $1T bonus. Reminds me of all those stories about how they passed steel around locations in China during the "Great Leap Forward" to show the party they were hitting production targets.
What are your thoughts on ASTS which is in a similar space?
Look we all hate Elon but the Tesla board is right that Elon leaving would destroy the company. The current Tesla share price is wildly beyond any evaluation based on company fundamentals. The price is driven purely be hype and Elon leaving would absolutely crater it. The threat may not be creditable since Elon has significant holdings in Tesla, and may be unwilling to damage them but that is a dangerous gamble. If I was a Tesla share holder then I would be divesting, a company where the CEO threatens to destroy the company if he isn't awarded an enormous stake seems risky.
If I were a Tesla shareholder I’d be opposed to this even it would make me wealthier in the long term on the basis that making Elon Musk a trillionaire would be a catastrophically bad thing for the world. If they vote for this pay package knowing full well who he is then they’re responsible for the awful things that he chooses to do with that money
[Declining revenue, rising losses](https://stockanalysis.com/stocks/asts/financials/). Their satellite covers 300k mi^(2). They'll need at least 650 of them to offer global coverage. The use of Freedumb units is telling. And at 500 km have the same issues of atmospheric drag and limited station keeping reaction mass that StarLink does. When the xenon or argon tanks run dry, that sat falls out the constellation. How did original equity investors in [Iridium Communications](https://en.wikipedia.org/wiki/Iridium_Communications) do? They got nothing. The creditors got $25 million of their $4 billion investment. People who live in the world of high finance assume that there are enough others in their lifestyle of yachts and routine air travel to support space infrastructure. There just aren't. The vast majority of the human population on land has cell service, and while the means has sometimes been deeply unsexy (diesel powered cell towers on local prominences), its way, way cheaper than the $1000/kg required to launch things to LEO. Does this folly keep some engineers employed? Yes. Its it a wise use of resources? No.
Unfortunately (or fortunately) I don't have any Tesla shares. If I had any and had wanted to vote for the package this evening, now would be the time to do so. definitely no! Agree. If Elon Tesla hits the wall, he will be broke. He's basically sitting in the car, right at the front...
Else, choose else.
Elon already reduced and stacked the board in his favor so this type of message to shareholders isn’t expected. Tesla is due for a shareholder revolt. But I doubt there’s enough to make big changes. He will loot what is left of the company to try and make a robot army while developing AI at his own. And when Tesla’s AI isn’t up to the task for the “new direction” he can purchase his own AI from himself with shareholder money. Good luck to those that still hold.
I don't get it either, other CEOs care much more for far less. The guy owns 13% percent and acts like the loses don't effect him.
Replace him with AI if it's so great
The stock price would probably rise if he stepped down
Solution is simple: sell shares then fire Elon.
The or else part is kind of self explanatory: Or else musk keeps pulling capital from his remaining Tesla stocks, he owns roughly 12.5% of Tesla today and uses said liquidity to fund his other ventures. He owns about 42% of spaceX (which is more than his Tesla shares in absolute USD... which you didn't know because you really just hate the guy). He also owns 54% of xAI valued anywhere between 113b USD to 200b USD in current and upcoming funding rounds. Tesla not giving him a trajectory to "earn" back more control over it (back to 20%+ he once held around 2018) just means he will pull himself out of it. Is that good. No. His track record of pulling together talent, building agile teams, driving very complicated system architecture development is absolutely insane. He still is an invaluable asset to Tesla.
Me to board: get fucked chumps
Even if they only make $1 a year the banks don't have a problem the taxpayers do since they will get bailed out the executives keep making more than most of us will see in our lives every year. Socialism for the rich capitalism for the poor.
Or you are fired!
I choose freedom, ticking "else"
Get this fuckin stock out of the S&P500
More money than sense!
Or else what precisely ....you're going to continue losing market share ? You're going to sell even fewer cars ?The Tesla truck's going to fail even harder? The CEO is going to have a ketamine fueled rant maybe launch a failed political career ? What exactly is the downside?!
At least 12% are
great money games being played here. Who will chicken out first? Who's gonna be the cuck left with the hot potato? It's all one giant charade. a fake economy.
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