The world’s richest man was just handed a chance to become history’s first trillionaire. Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade.

Christ, is he holding the shareholders’ children hostage here, or what? From the article:

The vote is a resounding victory for Musk showing investors still have faith in him as Tesla struggles with plunging sales, market share and profits in no small part due to Musk himself. Car buyers fled the company this year as he has ventured into politics both in the U.S. and Europe, and trafficked in conspiracy theories.

The vote came just three days after a report from Europe showing Tesla car sales plunged again last month, including a 50% collapse in Germany.

  • demizerone@lemmy.world
    6·
    17 hours ago

    He going to be only a single billionaire soon enough. No way in hell that dude taking tesla to 8.5 trillion. He’s going to die of a tiny bladder way before that.

  • FlashMobOfOne@lemmy.world
    6·
    10 hours ago

    After the AI bubble pops, it’ll be interesting to see just how much that trillion shrinks. Likely most of it is in stock.

  • Formfiller@lemmy.world
    6·
    17 hours ago

    How is Tesla making any money? It’s the global Enron of cars. Musk is like if a Charlie sheen Elizabeth Holmes love child was given unlimited government subsidies for his most cracked out ideas.