Tesla has sold 7 million and something cars in total according to google. If each of those was 100k, that would still be less than a trillion in total. How could one guy get paid more than the whole company ever made?
But undeniably worth it if you’re a tesla shareholder.
It’s like your financial adviser saying “I’ll make you a billionaire in 5 years, and if I do your bill will be $1mil. If I don’t, don’t pay me anything, and you’ve lost nothing” - why would anyone have an issue with that?
In the market these days, it’s not what you’re making now but the future potential of what you might make in the future. And Musk is an expert in dreaming big and make other people believe it.
Ya most of his shit is stupid though. The cyber truck, terra forming mars with nukes, the hyperlopp, etc. The Tesla dream was there before him. I just don’t get it…
Because it’s nonsense. We’re a decade past the promised rollout of full self driving, the hyperloop is a failure, the cybertruck is a flop, China makes EVs significantly better and cheaper than Tesla. The batteries they’re selling are looking more and more likely to get leapfrogged by solid state batteries too. Half the world refuses to touch anything his companies produce.
Tesla stock should be in the shitter, but results don’t matter anymore.
And Musk is an expert in dreaming big and make other people believe it.
And has a near flawless record in achieving those dreams, making the people who believed in it filthy rich.
This pay packet is, like his last one, a “bet big on me and I’ll make you all insanely rich, or I get nothing” bet. It makes no sense why anyone would say no to it.
He hasn’t achieved those dreams at all with Tesla, or any other company that he actually runs. Over a million unsold cybertrucks. No actual autopilot that works. The cybertruck is 17 times more flammable than a Ford Pinto.
Elon Musk is an average intelligence fascist scam artist that happened to have a golden spoon in his mouth from day one.
How could one guy get paid more than the whole company ever made?
Because that $1trillion pay packet is contingent on the value of Tesla going to like $5tril, which would make it the biggest company in the history of the world. It would make every shareholder insanely rich.
Tesla has sold 7 million and something cars in total according to google. If each of those was 100k, that would still be less than a trillion in total. How could one guy get paid more than the whole company ever made?
This is supposed to be paid out over time based on future performance milestones. Also based on projected increased value of shares as a result.
Still insanely, insanely high though.
But undeniably worth it if you’re a tesla shareholder.
It’s like your financial adviser saying “I’ll make you a billionaire in 5 years, and if I do your bill will be $1mil. If I don’t, don’t pay me anything, and you’ve lost nothing” - why would anyone have an issue with that?
Because it’s an incentive to make money, not an incentive to be a good corporation making good products and services.
In the market these days, it’s not what you’re making now but the future potential of what you might make in the future. And Musk is an expert in dreaming big and make other people believe it.
Ya most of his shit is stupid though. The cyber truck, terra forming mars with nukes, the hyperlopp, etc. The Tesla dream was there before him. I just don’t get it…
Because it’s nonsense. We’re a decade past the promised rollout of full self driving, the hyperloop is a failure, the cybertruck is a flop, China makes EVs significantly better and cheaper than Tesla. The batteries they’re selling are looking more and more likely to get leapfrogged by solid state batteries too. Half the world refuses to touch anything his companies produce.
Tesla stock should be in the shitter, but results don’t matter anymore.
Hyperloop was Musk’s tactic to distract from and destroy sensible public transportation. Tesla didn’t work on it or plan for it.
It appears to me that your average human isn’t particularly smart so this hasn’t been to his detriment yet.
And has a near flawless record in achieving those dreams, making the people who believed in it filthy rich.
This pay packet is, like his last one, a “bet big on me and I’ll make you all insanely rich, or I get nothing” bet. It makes no sense why anyone would say no to it.
He hasn’t achieved those dreams at all with Tesla, or any other company that he actually runs. Over a million unsold cybertrucks. No actual autopilot that works. The cybertruck is 17 times more flammable than a Ford Pinto.
Elon Musk is an average intelligence fascist scam artist that happened to have a golden spoon in his mouth from day one.
Because that $1trillion pay packet is contingent on the value of Tesla going to like $5tril, which would make it the biggest company in the history of the world. It would make every shareholder insanely rich.