Tesla shareholders approve Musk pay package of $1 trillion
- Thread starter stinkynuts
- Start date
Just pathetic, but they know their share price is based on meme and he is part of it.
He could extort them for whatever he wanted, as long as they were thinking short term price and not company value.
He could extort them for whatever he wanted, as long as they were thinking short term price and not company value.
$8.5 trillion market cap is wild to think about. But so was $1 trillion market cap 20 years ago (or one person with a net worth of $500 billion).
That's his pay for distracting the world with his antics and fucking people's lives with DOGE.
I wouldn't go that far.
But there is a whole aspect where the Musk stocks were getting value for the illusion of Musk as Tony Stark. And he still has a fan base that is into supporting him and his stock for cultural reasons.
That all gets pulled if Musk leaves.
The board did try to put some blockers in there, but notice how the milestones he needs to reach to get his trillion are all vastly lower than what he has been claiming in public for years.
