5 ms·

That's beyond ridiculous. What true value has he generated? Also if the stock tanks then shouldn't investors have a right to strip some of that compensation? 50

That's beyond ridiculous. What true value has he generated? Also if the stock tanks then shouldn't investors have a right to strip some of that compensation? 50 billion to millions of investors and 50 million to one guy is hardly a fair trade. Not to mention how many times he's promised to deliver new features or products and comes up terribly short.

xcv123 3y ago
Tesla market cap is $600B. The shareholders made a lot of money. That was the deal.
kortilla 3y ago
He was paid to be CEO and drive the company towards particular goals. The entire point of leadership is to make sure those happen, not to do them yourself. You can claim the amount should be lower, but then your argument is with the shareholders who came up with the proposal and approved it.
- ModernMech 3y ago
  That’s the whole point of the lawsuit. The shareholders allege Musk came up with the proposal, controlled the process, then lied about it to shareholders. The judge found in their favor after a trial. So why does Musk deserve this again? Because he says so?
  - kortilla 3y ago
    No, that’s not what they claimed. The judge found that the board was to biased in favor of Musk. Not that he came up with anything.
    - ModernMech 3y ago
      The judge found that "At least as to this transaction, Musk controlled Tesla". Meaning that Musk directed the creation of the compensation package, not that the compensation committee were merely biased. The analysis of this is on pages 103-146 of the ruling.
      - me_me_me 3y ago
        I want to point out that, you are arguing with a guy who defends a person who spends more time shitposting on twitter then running a company that he really deserves $50bn bonus. You can spend your time better than this ;)
        ModernMech 3y ago
        lol what are you taking about, arguing on the internet is the highest calling! :P
        me_me_me 3y ago
        at least argue with someone who might be reasoned with, like flat eathers or underground resistance of reptilian overloads

xcv123 3y ago

Tesla market cap is $600B. The shareholders made a lot of money. That was the deal.

kortilla 3y ago

He was paid to be CEO and drive the company towards particular goals. The entire point of leadership is to make sure those happen, not to do them yourself. You can claim the amount should be lower, but then your argument is with the shareholders who came up with the proposal and approved it.

ModernMech 3y ago
That’s the whole point of the lawsuit. The shareholders allege Musk came up with the proposal, controlled the process, then lied about it to shareholders. The judge found in their favor after a trial. So why does Musk deserve this again? Because he says so?
- kortilla 3y ago
  No, that’s not what they claimed. The judge found that the board was to biased in favor of Musk. Not that he came up with anything.
  - ModernMech 3y ago
    The judge found that "At least as to this transaction, Musk controlled Tesla". Meaning that Musk directed the creation of the compensation package, not that the compensation committee were merely biased. The analysis of this is on pages 103-146 of the ruling.
    - me_me_me 3y ago
      I want to point out that, you are arguing with a guy who defends a person who spends more time shitposting on twitter then running a company that he really deserves $50bn bonus. You can spend your time better than this ;)
      - ModernMech 3y ago
        lol what are you taking about, arguing on the internet is the highest calling! :P
        me_me_me 3y ago
        at least argue with someone who might be reasoned with, like flat eathers or underground resistance of reptilian overloads