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Hard to get an argument serious when the main argument is “You are being lied to by the media” Stocks give you both control and equity, and can be exchanged fo
by noncoml 2y ago
Hard to get an argument serious when the main argument is “You are being lied to by the media”
Stocks give you both control and equity, and can be exchanged for money. Don’t know which part of that simple fact does the media lie to us about.
- constantcrying 2y agoAnd? This doesn't change the fact that the statement "Musks compensation is worth more than what the company is worth" fundamentally shows a severe lack of understanding about the situation. >“You are being lied to by the media” The framing is completely misleading. Again and again the headlines are about money and not the actual thing Musk gets in return.
- noncoml 2y ago“what the company is worth” Market cap is $560b. That’s how much the company is worth. Like it or not.
- constantcrying 2y agoI am not arguing the market cap. I am pointing out that Musk doesn't get Money, he gets shares. And pretending this isn't about power over the company is completely misleading.
- dazc 2y agoThe media article referenced does kind of suggest this is a $56 billion 'pay' package.