This has strings attached right? Like Musk has to deliver a single one of the things he's been promising for a decade or he loses the package?
Lol nope!
So dumb.
Just another reason to never buy Tesla stock for me lol
Spoiler alert: Musk continues to act (at best) as a part time CEO at Tesla, further spending his focus elsewhere. xAI will be bailed out, and will make Solarcity seem like a walk in the park. Meanwhile vehicle sales will continue to deteriorate, and cyberbot and robotaxi are nothingburgers.
To get the full package yes. But he still walks away with something like $35bil, as the reinstatement of the original comp plan struck down by the Delaware courts, today. I still think he turns his back on Tesla now.
The stock market is cooked. Fundamentals mean nothing. Edit: To date, the entire company has made $45b in net total income. That's only 4.5% of what Elon Musk will supposedly be paid.
Over 75% approved. Whether you like it or not it is the choice of the shareholders.
I was offered a Tesla as a company car, but declined it.
He sure deserves it though... last few years he's threatened the company more than once, has multiple conflicts of interests, diverted resources away from the company, alienated the EV customer base, lost a shit load of sales due to his divisive politics and got an anti EV/renewables president voted in and got rid of credits.... Wait a minute
Glad I'm not a shareholder anymore
For him to make $1tn he has to deliver 3 years of $400bn EBITDA, reach a market cap of $8.5tn, 20m vehicles delivered, 10m FSD subscriptions, 1m Optimus robots delivered, and 1m Robotaxis in operation. If you believe he never delivers then you don’t have to worry about it.
Some institutions that have been pushing for accountability, as a fiduciary, may jump ship.
We don’t have to worry about it.
Yep. Meme stocks like Tesla combined with more legitimate corporate bottom lines supporting stock valuations completely out of alignment with main street economic reality, job market, etc Gonna be painful for everyone when all these companies realize laying off large chunks of the middle class workforce, limited opportunities for young people to even get their foot in the door in industries like tech, and practically turning gig workers into serfs driving us and our burritos around for pennies results in less money available for people to buy their products.
That’s pretty good for a part time gig
This is why the outrage over the package and the $1tn number is dumb if you believe he’s not capable of doing it.
I'm sure he'll stop tweeting racist stuff now that he's been doing it for years and Tesla shareholders want to pay him a trillion dollars in spite of it. Fun times.
xAI will need to be bailed out by somebody. It hemorrhages money, makes very little money, and isn't attached to an otherwise successful business to keep it afloat. How long would PE pour billions into it without tapping into Tesla's piggy bank?
They never should have been included in the Nvidia, Apple, Microsoft level of companies But they are
For the full package, probably (there's wiggle room). But he gets like 2% of Tesla for basically doing nothing.
You own spy or voo, you are a shareholder
Neither 😁
It looks like he is guaranteed $35 billion today and he might hit at least some of the lower tiers of the $1 trillion package, so around ~$40 billion. IIRC, the $35 billion is the biggest pay package in history. This is assuming that Tesla does somewhat well, the lowest tier of the $1 trillion package requires at least 1.3 million car deliveries per year (Tesla delivered 1.8 million in 2024).
Or to help him achieve these goals by buying a single product or service from his companies.
Lick those boots. Lick them good
>shareholders You misspelt sycophants
The shareholders are cooked, they're willing to give Musk like %12 of the company because if he leaves the stock plummets even further. The problem is the Board. There was no need to make the proposed package that generous. The board is supposed to represent the shareholders and negotiate the CEO. Instead, the board is representing the CEO and giving the shareholders no real choice.
Why don’t we just give this guy some nukes while we are at it?
I can't wait for the next wild ideas to justify this.
Now that that’s out of the way we can start trading on fundamentals make them earn it drop that value down to 300 billion and he’ll have a long way to go
lol last ditch effort to get sells. $1.4t company with an actual worth of maybe $10b, fictionally paying the "owner" 1t monopoly bucks. 😂
He gets $50B for doing jack shit. The 1T is the overpriced steak to make you think the $40 chicken breast is reasonable.
Funny how Elon was confident earlier this decade that he’d be selling 20m/yr by 2030
Impossible that he’s worth even a fraction of a trillion
To get the first two tiers he has to do basically nothing and gets $28 billion. That would him the highest paid CEO of all time by orders of magnitude for anyone not named Elon Musk.
I'm all for dropping a few in his direction.
Expected to prevail it seems. Isn't done yet
Didn't it also purchase his shares of twitter?
A fair deal for playing video games all day.
Crazy how talk of $1T makes the god damn $35B look infinitesimally small, meanwhile $35B is absolutely bonkers
Because any pay package for that conman is too much. He ruined that company, but no matter what comes away with tens of billions of dollars AND the previous pay package. If you think "Well, he's not getting a trillion", you're gullible because that's the intent. He shouldn't get any of it.
And nothing will change. He’ll still be spending basically no time there and bringing Teslas reputation down.
Yes, the shell game will continue.
Whether he makes his bonus targets or not, he's still getting a salary that is beyond what any other CEO gets.
>For him to make $1tn he has to deliver 3 years of $400bn EBITDA, reach a market cap of $8.5tn, 20m vehicles delivered, 10m FSD subscriptions, 1m Optimus robots delivered, and 1m Robotaxis in operation. If you believe he never delivers then you don’t have to worry about it. Except he's guaranteed $35 billion no matter what. This is equivalent to paying $1000 for junk and insisting you got a bargain because you didn't have to pay $30,000 for the MSRP.
Just like the voters of the United States are learning what it means to FAFO, the Tesla shareholders will get to have their moment too
While I agree he’s likely to hit them, no company in history has ever been guaranteed to hit $2tn in market cap. And if you believe the bears, EV sales might fall off a cliff
People don’t understand. Inflation will aid him to these milestones. Musk has a 10-year timeframe to complete any milestone goals. If some of these milestones seem distant, it’s because he has a decade of inflation and growth that will be helping to carry. Just to give some folks an indication, Apple 10-years ago had a market cap of $532 billion. Today? $4 trillion. Inflation and time will aid this ridiculous compensation package. The same inflation that made a hamburger $0.05 cents into today’s McDonald meal of $12.
Nothing makes sense. Someone make it make sense?
How the hell is that gonna even work?
I can't wait to see what kind of creative accounting goes on the books to make this all happen.
how did the head line of... >Elon Musk expected to prevail in Tesla shareholder vote over CEO’s $1 trillion pay plan become.... >Elon Musk prevails in Tesla shareholder vote over CEO’s $1 trillion pay plan.
It’s stomach churning, but this is probably the fastest route to Tesla’s failure.
I'm waiting to see how many of the other 25% start unloading.
The 1 trillion headline number is just fucking stupid and it's absolutely correct to criticize it. He'd earn hundreds of billions *from the shares he already owns* so this just shows that he's gonna treat it like his personal piggy bank and the contempt he has for his sucker "investors" What's more concerning are the intermediate goals he can definitely hit which are themselves double digit billions which again is just a ludicrous pay package heads and shoulders above what anyone else has been paid in history. It's also ALL dilution of existing shareholders
If he builds them, they won't work anyway.
Man Tesla bag holders are a bunch of suckers, aren't they?
He will suck every dime out of PE he can before rescuing, sorry meant see opportunities for synergies, with Tesla.
The power of framing
Nobody wants to work anymore. Gee I wonder why. Because dipshits like this guy have more money than millions of people could use in a lifetime.
Not bad for a part-time gig, really.
For paying people to play video games as him.
But what about Tesla Diners?
It's also buying up cybertrucks it doesn't need. So that's more cash needlessly going out the door instead of being used on something that might generate revenue.
*Paying other people to play video games first*, then comes in, in the last minute to show off. Wait..... exactly like how he runs the company.
Does he need to have audited actual results or just say he did it?
He should have been fired and disgraced after giving that nazi salute, let alone a trillion dollars. Wtf are their shareholders thinking!
I wonder if the 1 trillion pay package is just a ploy to get his 38b that he hasnt gotten. The targets are reasonable but it seems unlikely that'll he hit. This way, he gets his 38b, get to keep control.of TSLA while focusing on his other private companies and leverage TSLA name to his advantage. Shareholders will end up holding the bag when he's done leeching from TSLA.
For a reminder if anyone is reading this, Bank of America and Chase (JP Morgan Chase) own a hefty chunk of Tesla shares. If you bank with either one of these two banks and want to divest, consider switching.
Probably the goal of focusing on the 1 trillion is so nobody pays attention to the insane $35 billion payment. This is so disgusting.
It would take 66 years for Tesla to earn that much profit if they're able to repeat their most profitable year.
But have you heard about the Tesla Diner?
You misspelled Psychopaths
I would not be surprised if some of the larger wealth funds start to quietly exit Tesla.
For reference, that is equivalent to about half of the Norwegian sovereign wealth fund or if you compare with the GDP of the worlds countries he would rank in 20th place out of 195. It's ridiculous..
Or almost any fund in a 401k.
ohms... So this is the definition of Capitalism? Taking One trilion dollars for doing nothing and cut jobs of millions using Hacksaw ?
I wasn't ever going to buy a Tesla, but now I'm really especially never going to buy a Tesla.
You gotta unload slowly. Otherwise, you'll lose your gains. I would also like to think there are more than 25% shareholders that think this pay is ridiculous but voted for it anyway so that they could cash out.
I wouldn’t step foot in one of those fire traps.
No, we dont need guidance systems, cameras, and a nvidia gpu will do the trick for less money upfront.
"he has to deliver 3 years of $400bn EBITDA, reach a market cap of $8.5tn, 20m vehicles delivered, 10m FSD subscriptions, 1m Optimus robots delivered, and 1m Robotaxis in operation" Interesting. I wonder if that's legal. Isn't that the board giving such a huge incentive to take particular actions, it surverts officer discretion? Even if redirecting a successful car company to humanoid robots ever made sense (and it did not) those decisions should be made by an executive (not the board) and backed up my reasonable business judgment. Maybe that's the real purpose -- not to achieve those (or any) business goals, but to constitute a kind of board approval of actions that arguably consistent diversions from the reasons Tesla stockholders invested in the first place.
I woulda done the job for half that.
I think you are right. Many voted yes, just so they don't trigger a panic selloff, then they can close their positions gracefully without losing too much.
Don't forget that he is a pigeon CEO (flies in and shits on everything), so it's better for Tesla to work less. According to rumors there are people at Tesla assigned to distract him, so he doesn't do to much damage
That's crazy. TSLA is worth 1.4T and they will pay him 1T. That's a lot of Ketamine.
Who else are they going to hire that is willing to commit criminal fraud to drive the stock price, George Santos?
He said he’s going to demo a flying car by the end of the year.🤦🏻♂️
Glad I sold my Tesla. This sort of shit is unconscionable, but the richest man must have even more. It's never enough.
Bailed out? What do you think an IPO is for.
The outage is the agreement to dilute shares, which he's obviously going to start selling them off because he knows the company is dead in the water. Also the other outrage is the absolute unhinged nature of the fundamentals shows that they are not actually serious about achieving anything. It's so unserious and so obvious that a lot of people's retirement funds are going to get fucked by this in just a matter of time.
I'm a reasonable person, but I have never wondered so much, in all seriousness, if someone might be the antichrist and if maybe I was wrong about the whole being an atheist thing. I listened to the shareholders meeting and almost everything he talks about sounds nice but there is no way it wouldn't actually just have super evil implications. We're headed in a direction where we're all going to be serfs in a giant company store. Only the world's wealthiest man would think developing a robot to follow felons around and monitor their actions so they don't commit crime, when framed a different way, is robots who monitor citizens to control behavior, and this is literally the most dystopian thing I have ever heard someone talk about as though it is progress. Even the self-driving taxis, if no one owns cars, and we've defunded public transit, we're all just going to be completely at the mercy of companies to get anywhere. I hate this future the rich people are cooking up. Like ok, fine we want hoverboards but how about we try giving everyone freaking healthcare first?
Let's face it, the institutional investors are the only ones that could pull this off. Retail investors will be "buying the dip" and bailing out the big guys.
No, I think they'll start to unload fast because they know this is not going to last very much longer. This next quarter is the first full one without the carbon tax credit scheme (not just the EV rebate) and in Q1, if they hadn't gotten those carbon tax credits, they would have been in the hole 185 million bucks. That's a big loss. I can't imagine what this next one is going to look like.
Musk is never going public again. It's a whole lot easier to commit fraud and self deal this way.
They held the vote in the past hour and news articles updated headlines.
Sure, Elon and the BoD know they won't hit the top benchmarks, but that is why the lower tiers exist. And some of the wording is very weaselly too.
Well the thing is. No matter what, if the investors don’t want to lose all their money they have to keep pumping the stock.
TSLA P/E is over 300 ☠️
EV sales in Europe are going steadily up. *Tesla* sales are plummeting.
I am listening to the shareholders meeting and you can easily imagine all of these people as literal vampires plotting world domination and the vibes totally match.
Sites often embed one headline in the teaser that Reddit uses to create a post, but they use a different headline on the article.
Everyone is talking about proposal 4. All the real idiocy is in proposal 3. They just gave him another 208M shares for nothing. That's $93B they just gave him *today*, without any additional performance metrics. How that got *no attention* is the real fraud. Proposal 4 was just tossed in there to *be the distraction*. That's why it's so nebulous and absurd. So you don't pay any attention to the fact they just gave him a $93B bonus.
Isn't that 20% more than the entire US auto market and 25% of the entire world's auto market?
Nah he's twitting and doing ketamine
They just gave him an additional $93B today, on top of the $35B. Read proposal 3.
They gave him $93B today in addition to that $35B. Read proposal 3.
It's so nobody pays attention to proposal 3, which handed him an additional $93B today.
Now that the vote is done he'll take a break from manipulating the share price. Expect a 10% drop in the next week.
There is no 'company'. There is only Felon Musk bullshit.
A Delaware judge ruled in January 2024 that the board was not independent and had conflicts of interest. This conclusion was based on his deep personal and financial ties to board members, which led to a flawed process for approving his compensation packages.
I think you didn't listen. They'll sell up to 100 billion Optimus, and they won't have competition because only they got what it takes. That's a revenue of 2 quadrillion USD and you know who'll get 1 of these.
if you own tesla stock, you’re a fucking idiot is what i’ll say never have I seen such governance risk, concentrated in the hands of one man, in which the performance of the entire stock is dependent on him and him alone
It's why I'm no longer a shareholder. 2 years since now.
I have no idea why pension funds like the Norwegian fund or CALpers are invested in Tesla. They were going to vote against this, but why would you even keep the stock if this was a question?
Very true. When the con is over, there will be lots of crying and angry people added to the unhoused population. They have themselves to blame.
For clarity, I'm pretty sure each one of those goals is independent of the other.
I agree, his pay package will bankrupt the company. Tesla is only a little over 1.48 Trillion in market valuation. The company would have to be like 10-12 Trillion to even afford that pay package. The company will need more than fsd and army of robots to reach that in 10 years. Company valuations don't go on forever. They start to slow down at some point and same will be said about Nvidia. Look at Microsoft, Apple, Amazon, and Alphabet for reference.
Whatever they vote, won’t buy anything related to him.
Unstated was that it would be all cybertaxis
Mate, there were boo's that came out when they raised their proposals out about how the board is not looking after shareholders' interests and how they want to revert the 3% shareholding requirements for any lawsuits I.e. you have to be a billionaire before you can complain about how the company is run to the courts.
It's grotesque
I wonder from a historical perspective, if in America, we have been in anything other than being a post Rockefeller pattern of private individuals shaping or reshaping the American economy, and therefore public life. With the exclusion of perhaps the time immediately following the great depression in the new deal, I’m not sure that anything has substantially changed from the late 1880s till now. Prove me wrong.
It’s official. The core business is now selling cult of personality. Car sales are a side hustle.
And railing ketamine. I don't doubt he spends insane lengths of time at his factories and shit. I just believe he's in his office gaming, doing ketamine. And tweeting the whole time.
The government. Be afraid everyone. Very afraid. If Argentina got $40 billion and were America first, what’s a measly $500 billion?
There is a reason Mamdani won. The general public has had enough!
😂
The Saudis will bail that out too and they'll have their AI company, ppl need to wake up to what's going on here.
Because it’s a successful company that’s up 25x in in the last 6 years
You said make it trade on fundamentals but in the same sentence said it should keep trading like a meme stock.
Not to mention the multiple SEC cases against him but he managed to handle that one with some good old corruption
Yeah the only people I know who own Tesla are the most economically illiterate individuals among us. They prop that turd up so it can launder foreign investments
You’re right 300 billion is way too much make it 100 billion and then let him earn up to 8.5 trillion
Do tesla investors not understand how stock dilution effects the value of their shares. Great job idiots. You made someone who couldnt spend his existing obscene wealth in 100 lifetimes richer (on paper) at the expense of your own wealth. Solid critical thinking.
Idk dude I read 3 but it’s very explicit about not allowing double dipping or compensating beyond the 2018 plan. That said if the litigation against his 2018 compensation tanks his comp then this is effectively a huge bump for him by backfilling that, but it cannot go above his previous comp plan.
And like that, faith in humanity plummets. Why have a moral compass when you can have more money than you could literally ever spend?
Chances of me buying a Tesla just went from 0.001% to 0.000%. (I drive electric btw.)
I will bet you all the money in my bank account he doesn't turn is back on Tesla. What an absurd statement.
Meanwhile, they are a car company without a viable new design in a decade
If the Company deteriorates he gets basically nothing relative to the size of the package as a whole. I'm curious why you think this deal, which is contingent on crazy market cap, operational, and profitability metrics, is more unfair than the deals most CEOs have where they get paid $20M+ annually regardless of Company performance. Heck, Elon needs to sell 1 million Optimus Robots + make Tesla nearly 2x the size of Nvidia today to get the entire deal... If he gets the whole package Tesla shareholders will be wildly outperforming the S&P as a whole
The shareholders voting for this deserve what will happen. This is the stupidest pay package of all time
I think the argument went that they had to pay him a trillion dollars so that he’d be more focused on Tesla. Lol. Yeah so he can buy one more car? One more house? No he’s going to use it consolidate more power
The company deserves every moment of their coming collapse.
I hear this in Ron Howard’s voice a la Arrested Development
Tsla took a hit today
Stock goes up
it's just a small gift of a trillion dollars to a shotgun seat gamer guy in need. it's almost that giving time of the year anyway
Let's not forget throwing Nazi signs into the crowd
nazism worked well for volkswagen, maybe they got inspired by that?
I can see why you're confused. They're a vaporware company that makes some cars. One of them it 17 times deadlier than the Ford Pinto.
Space X is already bailing out Tesla by buying cybertrucks that no one wants. That is how Musk run his companies. Moving money around to fake sales.
That's next quarter's problem.
This was right after the SH. I told them that the fact that a “German company is supplying Tesla’s is shocking and rather drive my own car”. I had to be diplomatic and chose my words carefully considering it was my employer.
This is the most bizarre saga in recent business history. This company is facing declining sales, if not actually being driven out of markets in Europe and China, they have no new products in the pipeline, growing legal issues in the US, and the solution is to pay the absentee CEO a trillion dollars? I'm confused.
[Tesla is now one more Nazi salute away from downfall.](https://youtu.be/-VfYjPzj1Xw)
But they assured me I was overreacting and he was making a harmless heart-throwing gesture. I'm sure [someone](https://media1.tenor.com/m/cMOyNR_tnB8AAAAd/elonmusk-elon-musk.gif) has a clearer example of how to throw your heart to a crowd laying around...?
For doing nothing that’s pretty good. Here we are all working very hard and struggle to get decent raises
New grift
How many years that it been like that with Tesla?
No. Proposal 3 replenishes the employee options pool, with an additional set aside exclusively for Musk. The employee option pool was empty because Musk took all those options with the last $36B.
You have to admit $TSLA has a sky high P/E of 300 is off the charts. Maybe stockholders did not know you want stocks with a low P/E like 15.
Leon HAS to think his investors are morons. I would agree with him
xAI will also have to keep a slush fund to pay off the children it propositions for nude photos while their parents are out of the car running errands.
I have a semester each of micro and macro under my belt, so I know shit. But this all cannot possibly be a sign of a healthy company or economy or society. It seems like it should be? But it can’t be, right?
Since you mentioned carbon credits. xAi is pumping out porn on fossil fuels. How can tesla be a sustainable company with all those generators when Tesla inevitably acquires xAi.
Or somewhere on the order of around half of all US currency in circulation lol
Yes, you were overreacting. >a clearer example of how to throw your heart to a crowd laying around What’s wrong with doing it differently? Pre-Nazi people wouldn’t have even batted an eye. The Nazi swastika has more resemblance to the original than Elon’s gesture. I'm in East Asia btw.
You’re right. All CEOs are paid too much and are taxed too little.
Musk has gotten bored with cars. He has thrown his only cash cow under the bus for his political ego. I honestly think he even knows they are way behind waymo on robo taxis, way behind everybody on robots, solar-please? He really wanted to jump ship to show how important he was to Tesla as it crumbled. He will talk up/motivate people to buy the stock for a couple of years. Not delivering anything tangible will catch up - in 2 years. I really don't think he wanted this package. He wanted out of dodge.
Clearly not the majority of the crowd given how the votes went.
You forgot no profitable products in the foreseeable future.
I mean, you’re not wrong. Why would he need to? He spends all his time on fucking twitter or campaigning for pedophiles and still gets to be the CEO.
I have so many better ideas than this guy. Can I get $2T?
It’s “unfair” because Elon will try to hit those goals at the expense of others. Tesla would be a stain in history if it wasn’t for billions of clean air credits, $7500 government rebates, and protective 135% tariffs on Chinese EV imports - all at expense of American taxpayers like me. BYD makes terrific and cheap cars, you won’t see any on your street because Elon doesn’t want that. How much did he give Trump? $200m? What did he get in return, a 3 month vacation from Tesla CEO to fire government agencies, including inspectors regulating Tesla…
Is there really a market for overhyped, over priced toy robots to sell… maybe a thousand of them? It’s like the cybertruck, but only less emotional attachment to Americans than their vehicles… not to many are going to bring their robot to service every week and say “still love the robot.” I’m fascinated to see how he spins Tesla reaching his made up metrics, much less these spin off junk companies.
And the magnitude is astounding. Elon’s last pay package started at $56b. It may not sound outrageous until you view it as asking the next 1,000,000 customers “do you mind a $56,000 surcharge to pay Elon?”.
Up 25x…while having profits in 2024 were **half** what they were in 2023. They’ll be even less in 2025. Tesla is trading 10-15x its actual value.
With Chinese ev dominating east and west it seems pretty unsustainable for tesla to even maintain their current sales or in future to complete for Chinese robots
How many interns in Optimus gimp suits can each human physically rape per day?
> What’s wrong with doing it differently? Pre-Nazi people wouldn’t have even batted an eye. You answered your own question.
What's the game then? He's not taking a salary or anything. What does he stand to gain if he accomplishes none of the targets?
how does he get the 35bil? it looks like all of the compensation in this package is based on future milestones?
Not to mention the fact that his supposed new flagship product the cybertruck was a flop before it ever got delivered.
> Except he's guaranteed $35 billion no matter what. where did you read that? everything i can find is based on future milestones? what am i missing?
Correct. There are strings attached: Musk only earns a tranche when **both** (a) a market-cap milestone is hit **and sustained** (30-day **and** 6-month trailing averages) **and** (b) one of the operational goals is hit. There are **12 tranches** over a **10-year** window. First market-cap hurdle is **$2T**, then mostly +$500B steps up to **$8.5T** (by year 2035)
After the Nazis thing, noticing the resemblence is normal. I see memes with the similar gesture on insta all the time, and people shouldn’t overreact because there is nothing evil about it.
You dont understand. Tesla has billions of miles of security camera footage from all teslas on every road in the world 24/7. Do you have any idea how valuable that is? Tesla is a data company that sells cars.
This is correct. Elon paid people to boost his account so he could brag about it on social media. In a game that’s made by a company I co-founded, in fact 🙄
This guy gets it. Don't forget, Trump gave $200M right back to Elon when he awarded xAI that "Grok for Government" contract. Right after Elon stole all the government data he could with DOGE and trained his AI with it to get that and surely many more future contracts.
I don't know if where you're from they have slurs for people of different ethnic or other origins that serve to dehumanize or threaten others, but the point is that gestures and symbols carry a historical gravity. Their use (by people not so targeted by them) can serve as a dismissal of the threat and hatefulness experienced by those the symbols target, and at worst serve as active attempts to normalize and encourage hatred toward those so targeted. Musk is not unaware of what he's doing. He has always been a troll with white-supremacist leanings. And he chose to make this gesture on the national stage, in celebration of and in promise to "work alongside" a leader who ran on mass deportation. The optics for anyone Western with some historical literacy were - or should have been - shocking.
Great analogy.
So Testicle has sold about 7.2M cars in total since they started. This works out to $138,888 per car! Even if he sells another 20M, that's still $50k per car! Some of the cars don't even retail for that much. Where is this money supposed to come from, other than ripping off the investors after hyperinflating the market cap? The only people that can see this scam are those who failed math.
[For the record, this is falling for the classic sales tactic of "price anchoring".](https://fastercapital.com/content/Price-anchoring--The-psychology-behind-price-anchoring-for-pricing-optimization.html) The salesman throws out one value which is totally unreasonable, then offers a lower value which seems reasonable. Musk's pay packages are unreasonable, be it the minimum or maximum.
I mean, Tesla had made trillions so it's only fair. Wait, what's that you say?
His demanded bonus means he'd be receiving something like $130,000 for every single Tesla vehicle the company has sold since its inception. ...median price of a Tesla is like $40k (the lower priced models being by far the biggest sellers) so can someone explain how this level of bonus makes any kind of sense whatsoever??!
I truly hope that shareholders brought him back to reality
That's maybe the one thing I'm actually interested in, but I drive a Mach-E.
The stock price does not a "successful company" make. The stock is, at this point, seemingly untethered from the company.
Flying Optimus, of course
And yet Tesla stock is at or near an all time high.
End game? Don’t give me the not taking a salary BS. He already owns 15% of the company, that should be plenty for him to do his best for existing shareholders. Maybe even consider a dividend. At $1 per share per year thats half a billion bucks in Musk’s pocket. Should be enough to keep thr corporate jet going. Nerve mind that EPS is cratering lol - and will do even further after the new comp shares are issued.
The boycott just needs to prevail and increase. Can’t get a trillion out of a failed company, and whatever he does walk away with, I hope he chokes on it. The future is bleak for him.
> He already owns 15% of the company, that should be plenty for him to do his best for existing shareholders. Why, though? If the compensation is tied to stock price and actual sales (i get that the tesla stock price is wildly high), doesn't everyone win? I feel like i'm missing a major piece of this.
Remember when the genius real life iron man got high at twitter HQ and just started randomly unplugging servers at 3am to check if they’re important or not
He thinks more money will keep him out of jail.
Redacted.
Promise him a trillion gazillion dollars. I still say Tesla is bankrupt within 5 years.
I'd be at work all day too if work was just a big never ending party for me.
There's a ton of asterisks in there. He can sell off any off any of those divisions for $50B and have the operational target count as completed. Or the compensation committee can just decide that market conditions have changed to make the operational target no longer feasible and it counts as acquired. There's not a clear definition of if FSD subscriptions need to be paid for versus promotional. 20M vehicles delivered is over the life of the company and they've already done 8m so over the next 10 years and boils down to something like 1.2M deliveries a year. Getting all the tranches would require him to actually meet the EBITDA goals but the operational goals are for the most part either easy to obtain, easy to game or can just be summarily awarded by the 'compensation committee' that he has control of. Him getting $1T would be hard but the path to around $120B is a hell of a lot easier.
Tesla will buy Xai because Tesla no longer has an AI company after Musk shut it down. And with it, Tesla will own the way overvalued Twitter purchase that Musk moved into Xai.
>can serve as a dismissal of the threat and hatefulness experienced by those the symbols target, and at worst serve as active attempts to normalize and encourage hatred toward those so targeted. I just realize that I can’t control or change people’s sensitivity, so this argument is futile. Let’s agree to disagree.
I have served on company boards before - not in the US - but even letting the company get to a point where a single person could effectively blackmail the whole business while running other businesses (some in direct opposition like xAI( would be considered insane and a complete dereliction if duty
If we look at Tesla sales and a realistic product pipeline, where does this money come from?
Well, a fool and their money are easily parted. Glad I sold in late 2024.
First he asks ownership of 25% Tesla and then $1 trillion and then I have a boss who calls me greedy for asking a 5k raise after 3 yrs in of no raise.
They need to fire him so I can buy a Tesla. My wife wants one too. Although, I’m about to jump on the 2026 Hyundai Ioniq 5 N. 😅
Their shareholders are retarded. I pray that in my lifetime this stupid fucking company goes to zero and people get wiped out and liquidated for believing in this fraud
I mean we’re probably in the middle of the biggest equity bubble in human history at the current moment. There’s really no other explanation that remotely makes sense
PE ratio of 307, sinking sales. WTF…. What idiots still buy this for anything but the greater fool theory?
> 10-15x That is being generous.
The stock is now the product
I did Nazi this coming 🙄 I wouldn’t invest in Tesla if my life depended on it
I'm curious on what the result of proposition 7 will be. It was in regards to if Tesla should invest money into xAI. Board actually had no specific recommendation on it, but that most likely had to do with the fact that they're getting sued over letting Musk loot Tesla for AI resources to xAI lol
Tesla has made maybe $40 billion in profit in it's entire history. So pay the CEO ***25 times*** that amount? Crazy logic...or no logic, rather.
Ah, but that's the thing. All that stuff is irrelevant, because the it's the stock that's the product now. And he did an excellent job pumping up the stock after all. Cars and all that shit is just window dressing.
If all the payout conditions are met, this plan would grant Elon Musk more than ten times as many shares as every other employee at Tesla would receive in options over the next ten years.
This vote is the proof that the stock is only an ElonCoin
I’m sure that for a TRILLION dollars, I too would have stolen that vote. So this vote was rigged, no investor wanted him around.
Anyone invested in the meme stock, know Tesla share value il 99% driven by Musk tweet, and they all think they'll jump the ship before the other. Musk can ask anything, and the meme stock gambler will only say: "thanks for the dip!" and buy the dilution.
Or what about your car being an appreciating asset?
You’re about as intelligent as an ant..
Racist stuff? Try straight-up N∆Zl propaganda.
What to get a guy that has everything? Oh... more money... wow
Hell thats almost 1/10 of the damn trillion dollar pay package RIGHT THERE but no SNAP program. I'm blowing it off smooth bro
So in the best year Tesla did generate 13B in operating income. Income drop by half since than. But shareholders vote to give 76 years of their best year income to musk ? Wtf is wrong with those people. I know it's based on performance etc but still.
Which part am I wrong about?
Worth up to $1 trillion in stock grants over 10 years if performance targets are met . It isn't like their just handing it over.
Just get the Hyundai
Yes you are!
RIP pensions and 401ks. Retirement is cooked for millions of people when this shit implodes
Nice package for a part time job
'The milestones Musk must achieve over the next decade to maximise his payout include raising Tesla's market value to $8.5tn from $1.4tn at time of writing. He would also need to get a million self-driving Robotaxi vehicles into commercial operation.' Given his track record of hitting targets they'll probably stick around
No doubt this make musk the world’s biggest cock
If you bought US tech on fundamentals you wouldn't have made any money for quite some time. Fortunately for investors it's not just a giveaway. 'The milestones Musk must achieve over the next decade to maximise his payout include raising Tesla's market value to $8.5tn from $1.4tn at time of writing. He would also need to get a million self-driving Robotaxi vehicles into commercial operation.' I've got a few % in tesla that's done very well and will be sticking with it (might take a little profit tho), he's not a good man to bet against, despite reddit comments.
'The milestones Musk must achieve over the next decade to maximise his payout include raising Tesla's market value to $8.5tn from $1.4tn at time of writing. He would also need to get a million self-driving Robotaxi vehicles into commercial operation.'
'The milestones Musk must achieve over the next decade to maximise his payout include raising Tesla's market value to $8.5tn from $1.4tn at time of writing. He would also need to get a million self-driving Robotaxi vehicles into commercial operation.' Does it make sense now?
Well he does need to increase the value of the company by about 6x to get the money. So maybe not.
You are making a good decision - I’ve had Tesla’s for years and the build quality and customer service is garbage. Waiting on my new Ioniq 5N as we speak….another level for a similar price!
So he figured out how to rig the results. Was he involved with “optimizing” the voting system?
Management
I was going to say that Tesla is a cult just like MAGA, but it’s more like a Ponzi scheme where everyone makes money as long as there are new suckers to put in their money. Is going to be real interesting watching what happens when the music stops! 👀
We are doomed as a species.
He is an extremely good hypeman that can inflate the stock price.
I don’t think you understand the purpose of this subreddit- this is a “safe space” for Tesla skeptics to cry and feel supported.
"but the point is that gestures and symbols carry a historical gravity" Right and why are you arbitrarily choosing an arbitray point in time to decide what the symbol means? "In Buddhism, the swastika is a sacred symbol representing the auspicious footprints of the Buddha, good fortune, and well-being. It is an ancient symbol that predates the Nazi party by millennia and is distinct from the Nazi Hakenkreuz. While often used in a decorative way on the chest, feet, or palms of Buddha images, it can also be seen as an abstract symbol for the Buddha himself and is homologous to the dharma wheel. " The gestures and symbols nazis chose to use had meanings before they used it and i dont see why nazis get to own it forever? Isnt it more damaging to continue to attach negative meanings to things that had positive meanings? If you see a swastika, it's your choice to interpret it as nazis. I interpret it as Buddhist symbol - given any other context than WW2 history. So imo yes you were overreacting. What world are we living in that people are afraid to raise their hand publicly in case someone misinterprets "omg hes a nazi!!1!!!" As per Musk's own words on this: "what makes a nazi? Is it raising a hand or killing millions?" Musk isnt killing millions nor making rally cries to kill millions. To call him nazi is ludicrous. If you're really so pedantic that raised hand == nazi, then quick google all the other politicians making one hand raises and accept everyone's a Nazi i guess.
If by “show off” you mean “get extremely confused by the inventory system” then yes 😆
The fact that someone who has more money than anyone could spend (seriously, even at a -$1million/day it would take a thousand years) and still wants to pull this much money from the company shows that he doesn't care about the financial health of the company at all. I don't know why anyone would invest in such a reckless, one-man Ponzi scheme. However, they do, and that's why they can just throw this money onto his monetary compost heap.
These numbers are out of this world insane.
guillotine
This 1 trillion really just feels like TPTB are rewarding him for ruining the US gov with DOGE
How does that not sound outrages? The CEO of Ford, a much bigger company, gets paid about 30 million all in and quite a bit higher than the average CEO wage/compensation. That is about $125 dollars per employee per year. 56 billion could pay the wage of the CEO of ford for about 1800 years. It is equivalent to about 400,000 per Tesla employee. No other well run company does anything remotely close to this kind of corruption.
Except Tesla been a dog since 2022. It just ups and downs with the only people making money is Musk or those that get lucky and buy/sell at the right time. Otherwise is just money changing hands between people. If you bough before then, then you should be up. But now, no trillion dollar companies have ability to sustain growth like a startup. More so, absolutely every company eventually trades at fundamental levels. It can just take 20 years.
This is the bigger take. Do no buy Tesla. You are giving you money to pay Musk directly. His wages are equivalent to $500,000 per employee. The CEO of Ford for example has a wage equivalent to $125 per year per employee. And he is above average paid/compensated.
Yes he just takes all the profits and then a factor more. LOL. Why would he turn his back till it is a shell? Musk canceled Tesla AI and will force Tesla to buy Xai. Of which now owns the foolish Twitter purchase. Tesla is soon to own Twitter at an foolish price as well. Kind of like how all those subprime garbage mortgages got bought up.
We live in opposite world. Whatever reasonable think you think is going to happen well take the opposite of that.
Yes. Maybe they could earn some $$$ by selling the data to Waymo who has proven they can much better leverage it.
This is the actual story, the $1T is a smoke screen to hide the $28bn for someone so toxic
Waymo hasn't proved shit yet. Hyper localized taxi service is nice in the small scale, but scaling is infinitely more expensive the larger radius you need to map. Tesla already did that, its called frontloading the work. It takes longer because the hard work, mapping and data analytics are being done first. This mapping data isn't useful for waymo because they need LIDAR mapping.
If he can scam enough people to get Tesla valuation to 8.5T the. He should take 1T of their money!!
Retail investors don't have enough money to prop the stock up forever. Especially considering the fElon fan base is probably smaller than pre-roman salute. If the shutdown continues and the economy sours even more, a lot of people will start to liquidate their ETFs (all these "we're in an AI bubble" doesn't help). I'm basically saying that retail is almost out of gas.
[My payouts goes out to you](https://imgur.com/a/ce2oZye)
Well, I personally think it’s 20-25x but I was trying to be conservative. Their car sales have went up for the quarter but was that due to the ending of the subsidy or actual interest in the car? Sales in China and Europe (especially Germany) are down. Market share of sales in the U.S. is declining. His new model updates are lack luster and doubtful to drive a major uptick in sales. The Cybertruck is a flop. Tesla still has parts and service issues. FSD still isn’t a thing, nor will it be anytime soon. Cyber taxies came 5 years too late, and even then still require a person in the car. His drone show was a joke as they are a good concept, but were piloted by people, which means autonomy is years away. The stock truly is powered by the hopes, dreams and sheer fucking will of the edge lords that went all in on the stock and believe Musk is the once in a century genius.
Do the courts have anything to say?
The SH? What’s that?
I’m sure they think that’s a bit of a fail safe. If he doesn’t hit the numbers, so be it, he doesn’t get the money. However, at the same time it’s good motivation for him to put his full effort into hitting those numbers. I wonder how is it that they DON’T seem to also get how much it incentivizes him to manipulate and fudge numbers and push out a shitty products that he claims is the best in the world to hit those targets. I see now all of his pre-sale crap (whatever happened to the new roadster by the way?) was just a way to pull forward, future revenue into today’s balance sheet.
But imagine how great the revenue will be when they start taking pre-orders on the robot 😂 Seriously though, where are the threads showing pissed off roadster buyers? Putting that down payment in SPY would’ve doubled by now.
Waymo is proving every day that they can successfully carry paying customers without a human operator in the vehicle. Tesla has yet to do that even once after over a decade of trying to develop self-driving cars. Lidar is part of what allows Waymo to do what Tesla has not done.
I can't wait for his house of cards to come crashing down.
That's a better analysis of the stock than any of the professionals out there.
Agreed. Phrasing it $56b (due to how our mind works) doesn’t show how outrageous it is, I should say: One guy got $56,000,000,000,000 while our country is pausing food stamps for the poor.
Tank tesla stock and prevent him from becoming a trillionaire.
Try at least 1860s if not earlier. Read Stephen Ambrose's Nothing Like It In The World. The amount of corrupt bullshit and financial shenanigans involved in the construction of the US transcontinental railroads blew my mind. The us public was fleeced multiple times over. This is not a new pattern.
Does Tesla have the means to pay a trillion dollar salary)
Its only 559k per car sold annually, and it isnt for another 10 years so just 56k per car sold.
> Right and why are you arbitrarily choosing an arbitray point in time to decide what the symbol means? I recommend that you look up the definition of "arbitrary." > The gestures and symbols nazis chose to use had meanings before they used it and i dont see why nazis get to own it forever? Isnt it more damaging to continue to attach negative meanings to things that had positive meanings? There are specific contexts and methods of display that change the meaning of a given symbol. This is a topic that requires nuance generally, but this is not one of those nuanced instances. > What world are we living in that people are afraid to raise their hand publicly... google all the other politicians making one hand raises [A "one hand raise" isn't what he did.](https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Fqkuoqulmusee1.gif) > As per Musk's own words on this: "what makes a nazi? Is it raising a hand or killing millions?" > Musk isnt killing millions nor making rally cries to kill millions. To call him nazi is ludicrous. This is flimsy enough logic that it's hard not to think you're engaging in bad faith. We call people who dress up in Nazi symbols and [do salutes](https://www.reddit.com/r/gifs/comments/1i7w4nz/comparison_of_elon_musks_nazi_salute_with_real/) Nazis, even if they aren't actively engaged in physical violence.
Well, isn’t that nice
The world is a shade of grey. You see black, i see white. Nothing more to this.
Please tax this MF
A mere 273 million a day.
He operates entirely on the US government taxpayer largess and we need to do something about that
Surprised? It happens every time because his family and friends are the biggest % of the board and shareholders. Remember when the actual founders of tesla left and sued him? You have been seeing why for almost a decade now.
Sieg Hile
Do you live in lala land? The world has 8 billion people. Who is buying 100 billion Optimus units just to watch them dance when most people are struggling with basic costs? You seriously think they can build truly useful robots when a trillion dollar company still depends on cameras only for self-driving and cannot deliver full autonomy. If robots were anywhere close to that level, navigating real world obstacles in a car would be easy, yet it still is not. Maybe one day your sci fi dreams will come true, though only in your head, not in reality. Imagine human has 86 billion neurons, and it took 5 years for Tesla just to fire one action of making robot dance tuning their servo motors.
\- You completely missed that my post was sarcasm \- 100 billion units total market could theoretically be possible in an AGI/ASI utopia scenario with extremely strong economic growth and multiple iterations, but it's stupid to bet on Tesla single handedly dominating such a market. \- If you think AI and humanoids replacing much/all of human work isn't even in the realm of possibility, you are ignorant. Also you seem to have no understanding of how current AI and humanoids work.
Who would own stock in a company that allows its CEO to use the company as a personal piggy bank? He’s running the company into the ground sales were down 38% It’s not a car company it’s a cult. The business is to get retail investors to buy shares then steal the value of those shares. It works as long as you keep bringing in new investors. The moment that slows down or people start to sell off this company will go bankrupt. It’s a Ponzi scheme.
He doesn’t, Elon musk is a immature man child
The AI will be useful, though only within realistic limits. It will not become some next-level savior army. It will show real value in focused industrial and healthcare tasks, yet that progress will take decades and maybe longer. Companies like Tesla that overhype this stuff will get corrected by the market the same way Tesla already has. Robots already assist in surgery, but only for narrow, well defined jobs. You can build robots, sure, although their abilities stay limited and the cost of teaching them even one skill is massive. They operate on patterns from the past, which keeps their ceiling low.
At every Tesla event, you see the same dancing robot, the same flashy stage, and the same awkward delivery from a grifter who pauses because he knows he’s stretching the truth. The Cybertruck was a flop. Full self-driving was never truly achieved. Robo taxi never materialized as promised. Now the company is shifting to building robots, and all it can do is dance awkwardly. Elon should start giving his robots ketamine.
p/e 300, are you saying it isnt 2035 yet?
Why??? He is basically bad for their buisness. People already won't buy Tesla bcuz of him, now that they decided to give him 1 Trillion more people will turn their backs in a company that does something like that. Dumb move by Tesla.
It's the dumbest move ever, basically rich pigs not understanding regular people will gag if they even thought if buying a Tesla after shareholders gave that much money to a person trying to destroy the company, willfully or unwillingly. I almost missed the sarcasm lol
You don't know that, you're just lacking imagination.
too bad your imagination is all borrowed and not yours. make sure to see a psychic before buying tesla stocks.
What is this “divest” thing?
The purpose of wealth isn’t to spend it on lifestyle, lol.
Weaponized incompetence from a bot or troll account.
Did he get to vote his shares??
So he needs to take Tesla to 1360:1 P/E ratio ? If anyone can it’s him.
He's also had a multitude of federal investigations against his companies dropped. Buying Trump the presidency is paying off big time.
Oh yah. That is indeed surprising that a German company especially would offer those after the SH.
They are obviously locked in a contract and were doing away with combustion and hybrids. The also lowered the standard for who qualified for a car. I think they were trying to fulfill quota. Then they would be released. But that’s water cooler talk.
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