What does everyone think about Tesla shareholders 75% approval of Elon 1 Trillion dollars compensation package?
It only takes 10 million years saving 100,000 USD per year to accumulate one Trillion...
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What does everyone think about Tesla shareholders 75% approval of Elon 1 Trillion dollars compensation package?
It only takes 10 million years saving 100,000 USD per year to accumulate one Trillion...
Well, I think he will need to 6x the current value to get that, right? But overall, the world economy is a mess - there should essentially be no billionaires even, especially doing the things that they are currently doing.
To get the full amount, but the first milestone is going from 1.5 trillion valuation to 2 trillion valuation, he can do it without doing anything...
I haven't looked into the details, but perhaps he deserves it in the sense that, the dude definitely goes out on a limb and doesn't give AF about much.
That would be another 10% of the company then... Is it in stock, or in other values? Bitcoin? Gold maybe? Bringing Tesla to 10T in 10 years sounds like quite the challenge - 7,5x . 850B each year. I mean, yeah, inflation is in his favor, but even over 10 years that won't be the big chunk. If he can pull it off, maybe it's worth it?