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.

    • 𞋴𝛂𝛋𝛆@lemmy.worldEnglish
      7·
      18 hours ago

      We just need to mine the near earth m-type asteroids. You won’t like it though. The first entity that successfully mines any m-type will own more rare heavy mineral resource wealth than humans have accessed in the entire Holocene. Everything about wealth is redefined in that moment. The system of wealth hierarchy is meaningless. Resource scarcity is a bad joke, and there is more wealth available for space infrastructure and megastructures than anything humans have ever created on the planetary gravity prison of Earth. Getting a ride off of this gravity prison will become the primary issue. Centuries from now the vast majority of humans live in O’Neill cylinders in cislunar space. In that era, primitive wealth hierarchy no longer exists, complexity marches on, but new struggles emerge.