Elon Musk Loses $10 Billion After Tesla Approves Trillion-Dollar Pay Deal. Here’s Why.

After Tesla voted to approve a compensation plan that could award Elon Musk $1 trillion over the next decade—a move derided by some analysts and shareholders— shares declined more than 3% on Friday. Read more: [https://go.forbes.com/UncnwQ](https://go.forbes.com/UncnwQ)

MORE.

Not enough

It went down because the whole market went down Bet tomorrow is green with the whole market being green If it was actually material and damaging it would be down 10% not 3%

That's only partly true. S&P 500 has already gone up again this afternoon, Tesla is currently up 5.65%. I think about 50:50 overall market: Musk...

More to come... people will realize there is never enough commercial use cases to justify outrageous AI capital spend.. with diminishing car sales and flat growth it's only a matter of time before Tesla 's forever R&D projects start to eat away all the cash. The institutions that loan money to Elmo will be brought down together unfortunately.

Technically he only gets cash if he sells the stocks. Which would allow the company to focus on realistic goals and profits. But if he ever sells the stock he’d have to pay taxes, do I assume he’ll just keep shuffling loans and other tricks to avoid taxes.

Tomorrow can't be green. Market's closed buddy.

It's a start.

$10B is like $0.10 to him.

I agree 3% is completely within the noise for this stock. Impossible to draw much conclusion from it.

Technically he only gets the stocks if his company sells 1.67x as many cars as it has sold in the last 17 years. A company that he has repeatedly said has its future not in car-sales.

Soon to be the first large company with a PE of over a thousand.

That’s chump change for him

It’s baffling quite frankly. It’s not like he even invented Tesla.

Unrealized drop in share price isn't really a loss, yet.

It just shows how crooked the United States is, it is going to be chaos when the Ai bubble pops, but hopefully it effects enough people and makes them wake up so they go after the Nazis that destroyed their country and their crooked ice agents.

Gives explanation - "Here's Why." What a dumb title

Still too high

They'll never earn that payout even if they hit those metrics.

In before Musk introduces a small RC car, which sales count towards this goal

The cult is never going to end

He can still borrow against the stock though.

He’ll just get the board to alter the metrics down the line.

At some point he has to pay back the loans.

I mean to any non psychosis addled investor, the justification for his pay being his humanoid robot which doesn’t exist yet at any scale and has only been used as a bartender at investor events is going to magically solve poverty and crime and will magically scale up to a billion units a year (don’t worry about how) and it will be bigger than the smartphone. I think to any investor that isn’t insane will see that press conference and come to the conclusion “this man is absolutely off his rockers” A reminder teslas main business, selling cars, is not doing too well because Elon torpedoed the brand reputation and put a lot of money into cyber truck, a vehicle basically nobody wanted. We live in the stupidest timeline, and financial elites are seemingly in a shared psychosis over ai.

this is what he is doing

and declining sales

Check out "Buy, Borrow, Die " strategy. Most rich people cash out this way and I believe Musk been doing this.

Elon did not invented anything. Being weird and awkward don't necessarily guarantee being genius

If only there were an agency which regulated the trade in stocks and bonds to prevent fraud and abuse.

Never buy a Teslas quite simple,let’s put this MF on his knees

That’ll be taxed like everyone else right?

Because nobody wants his cars

Same here honestly Elon should lose more money

I’m getting tired of “Musk earns nothing unless he delivers unprecedented value for shareholders”. He could hit the first tranche with little more than inflation, and it alone would be on a level with the total lifetime compensation of any other CEO. Market-average growth would comfortably clear the second tranche, and the first three operational goals are easy/gameable.

That is how billionaires and corporation do it. They capitalized their gains and socialized losses to everyone in society.

The rich person move is to get a loan against your stock portfolio so that you don't have to pay capital gains tax.

A long way to zero. But a valuable lesson for all.

Tesla can't fall more on Nov 11, either, guy.

Did Tesla cultists actually get spooked?

But he invented a way to get to Mars by 2024, and kept it a secret.

And sales have been falling every quarter except Q3 this year which was because the end of the EV credit gave them a one-time boost.

Jealousy is not a virtue. There is a direct correlation between jealousy and failing at life.

Tesla is the most valuable car company in the world. Cry more !!!

A 3% dip means nothing. It'll be past that again next week. Until the bubble implodes, nothing will matter.

because he rigged the voting machine?

P/E ratio is still north of 280. All on the promises of poorly executed vaporware.

Nobody is worth this much money.

Wait until you hear how the stock market works

Correlation is not causation..And speaking of failure, Twitter is now worth less than 25% of its value when Elon was court ordered to purchase it 👍