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Elon Musk Demands Money Back from Employees He Laid Off
- dotcoma 2y agoI’m waiting for the day that banks will demand back the money they lent him…
- gigatexal 2y agoThat’ll never happen. They love him. Everyone in his orbit thinks he can do no wrong. The man is a walking, talking, seemingly-god to these folks.
- not_your_vase 2y agoYou know what they say: If I take out a loan of $1'000'000, and the bank wants it back, I have a problem. If I take out a loan of $100'000'000'000, and the bank wants it back, the bank has a problem.
- k310 2y agoVanguard vote helped pass Tesla CEO Elon Musk's $56 billion pay package https://www.reuters.com/business/autos-transportation/vanguard-vote-switch-helped-pass-tesla-ceo-elon-musks-56-billion-pay-package-2024-06-14/ https://www.reuters.com/business/autos-transportation/vangua... > "given the strong alignment of executive pay with shareholder returns since 2018 and the benefits the board asserted related to the motivational value for the CEO in preserving the original deal," But since 2021, not so good. It peaked at 402.83 in 2021 and has been downhill since then. $178 today. That's about 3 years of decline, with a market turning towards hybrids, in general decline, and increasing competition, so much so that Chinese cars are embargoed. It’s down some 30% this year. Plans to grow to the stratosphere with AI, robotaxis and robotics.