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> Elon is not Tesla you take Elon out of Tesla and you will end up with Ford, $13-16/share > At least the new compensation is performance based. If he can't d
by bdangubic 10mo ago
> Elon is not Tesla
you take Elon out of Tesla and you will end up with Ford, $13-16/share
> At least the new compensation is performance based. If he can't deliver, he doesn't get paid.
Unfortunately, with Elon and TSLA, this is not the case. He just has to promise he will deliver in some imaginary future (as he’s been doing for more than a decade) and he’ll be handsomely rewarded
- omgwtfbyobbq 10mo agoEven without Elon, Tesla would do better than Ford. And Tesla has to hit market cap and operation goals before any stock is awarded to Elon. https://finance.yahoo.com/news/heres-what-elon-musk-needs-to-do-to-earn-his-tesla-trillion-164739829.html https://finance.yahoo.com/news/heres-what-elon-musk-needs-to... If the Market cap isn't there, no stock. If the operational goal isn't there, no stock. They both have to be satisfied for the award.
- bdangubic 10mo agoMarket cap he’ll hit by President’s Day after few tweets about some amazing thing that is coming “by June” (year won’t be specified) and operational goals he’ll fudge with some “orders” from his buddies which will never materialize
- omgwtfbyobbq 10mo agoElon ain't magic. The first tranche alone requires another $1.2+ trillion in market cap. He might have been able to push prices up to +/-10+% when Tesla was smaller, but I doubt he could even move it 5% these days. Have they faked their current sales? How are they going to fake future sales? It's clear you're not a fan of Elon or Tesla, but they'll have plenty of opportunities to mess things up themselves like any other company. There's no need to speculate about trillions in fraud and millions of fake sales. If they hit the targets, he gets equity, if they don't, he doesn't.