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Elon's pay package was contingent on an insane target that he needed to hit. No one in the world expected him to do it. Tell me what is better. A CEO that coas
by rapsey 2y ago
Elon's pay package was contingent on an insane target that he needed to hit. No one in the world expected him to do it.
Tell me what is better. A CEO that coasts and earns 10/100s millions a year to be average. Or a CEO that says I will take this company into the stratosphere but I want X% of the company to do it?
- Y-bar 2y ago> Tell me what is better The slow and steady one, definitely. > CEO that says I will take this company into the stratosphere TSLA is -25% this year, -29% since June 2023, -11% since June 2021. This does not look like stratospheric numbers to me. You pretty much have to go back to the second half of 2020 to see any noticeable growth at all compared to today's price.
- rapsey 2y ago> The slow and steady one, definitely. This is far from the dominant opinion. > TSLA is -25% this year, -29% since June 2023, -11% since June 2021. How is that relevant? The deal was for him to hit the numbers in 2018. The fact that it is a 50 billion pay package speaks to the fact that Tesla still has a very high valuation and the deal was contingent on that.
- Y-bar 2y ago> This is far from the dominant opinion. True if you are counting individual stocks, maybe not so if you are counting individual owners? > How is that relevant? It was posited that Elon was a "curve goes to the skies" kind of CEO and my response when looking at the past years performance is that it looks more like "curve is bungee-jumper".
- bottlepalm 2y agoCool cherry picking numbers. What matters is the 10x since the deal was made and the PE ratio today which is fair.
- Y-bar 2y agoSorry, I did not want to come across as anti-TSLA so I chose to ignore the highest peaks such as November 2021 where the stock is down more than 50% since.