jerhenderson
Well-known member
- First Name
- Jeremy
- Joined
- Feb 20, 2020
- Threads
- 13
- Messages
- 2,555
- Reaction score
- 3,987
- Location
- Prince George BC
- Vehicles
- Cybertruck
- Occupation
- Correctional Officer
It's stock, not cash.Just saw these stats and they blew me away.
The salary of all 140,000 Tesla employees combined is $10 billion.
Musk is asking for $50 billion for himself. That is $10,000 for every Tesla ever sold.
Tesla is the 2nd worst performing stock in the S&P 500.
How can a board with a fiduciary duty to its stock holders approve this proposal? The fact that its an incomprehensibly large number is the only reason anyone would vote yes. I'm a shareholder, but only the institutional investors will have a vote that matters.
Sponsored