4 ms·
I was gonna say that doesn't math then I realized it's billions not millions. That's over $30,000 for every single car Tesla sold in 2023.
by TylerE 3y ago
I was gonna say that doesn't math then I realized it's billions not millions.
That's over $30,000 for every single car Tesla sold in 2023.
- leereeves 3y agoIt's not a cash payout. It's a stock grant that was worth a lot less when it was originally authorized. It's a weird situation. It sounds like an unconscionable amount now only because of Musk's success in raising the stock value. Like he's being paid too much because he was too successful.
- remus 3y agoThe size of the payout was linked to stock growth targets, so when the pay deal was agreed it would have been clear it would be worth a massive amount if the stock growth targets were hit.
- Modified3019 3y agoOh wow I ended up reading it at millions as well. Likely because 55 billion wasn’t within the real of belief.
- TylerE 3y agoRight - I can remember when basically the only number that hit was Microsoft’s market cap.
- pie420 3y agowow i didn't know that tesla only existed in 2023, and all past and future years dont exist
- TylerE 3y agoBonuses are typically annual.