Or change the company name from Tesla to Terrorist. Elon Musk is defiling the name of one of the world's most important Physicists and engineers.
Alexander Alekhine "To me, the TSLA phenomenon is disturbing. And I don't think it will end well. I see more and more parallels between Musk and Trump: - Both men are essentially CEOs who are out of control. - Both men seem to leaders of a cult who have succeeded in brainwashing their followers. - Both men seem to think truth is whatever they say it is at the moment. What they have said yesterday no longer matters because that was yesterday. - Both men say whatever they feel they need to say to get past the present moment. - Both men seem to have intimidated the press and governmental watchdogs to lay off them (for the most part). It's like the traditional rules don't apply to them. And they are both deeply offended, and become aggressive, when watchdogs try to apply the rules to them. (Hallmarks of narcissistic personalities.) - Both men are surrounded by high personnel turnover. I am quite sure that both situations will end badly."
Pure manipulation. What aboiut the stock options and bonuses for Musk? http://fortune.com/2016/04/19/elon-musk-stock-option-milestones/ "In just five years, Musk has achieved 12 of his 20 combined milestones laid out in a 2012 stock plan. The accomplishments entitle the chief executive to $1.6 billion worth of stock options, well beyond the $40,000 annual salary that he makes yet has never accepted." It should be closer to: Elon Musk, Tesla: 5000x (1,600,000,000 / 8 years/ 40,000 average salary tesla worker). No wonder Tesla loses money all the time. The best one ever was Steve Jobs with only 1$ salary. So ratio was then 0.00002 more or less.
I'm all for that kind of manipulation, pay tied to success and long term growth! Pay the man! ( Should I put this in bold or red so you can read it also?)
Yeah, pay Musk and forget all the shareholders. Profits should be for shareholders and not be taken by 1 person. There is no profit, and Musk takes already 1.6 billions. CEO-to-worker pay ratio is around 5,000 x. Normal for criminals, but not for reasonable people. But would not expect anything else from Musk.
Brains, It's all restricted stock/options. Needless to say, if the company is a fraud as u guys post ; he will then be significantly less wealthy. Between u and pecker who quotes nobodies from seeking alpha as if they were real analysts my head is spinning.
https://www.law.com/delbizcourt/201...-2-6b-solarcity-deal/?slreturn=20180517032231 "The Delaware Court of Chancery on Wednesday allowed an investor lawsuit against Elon Musk and Tesla Motors Inc. to proceed, finding there is reason to believe Musk controlled the Tesla board when the company paid $2.6 billion to acquire a debt-saddled firm that he helped to found." https://www.yahoo.com/news/tesla-investor-suit-targets-musk-073046194.html Some excerpts: "A Tesla Inc. investor has sued over Elon Musk's $2.6 billion-valued pay package in the Delaware Court of Chancery, calling the stock option a "massive, unfair and unprecedented" gift that would make the car manufacturer's CEO one of the richest public-company executives in the world." "Tesla shareholders approved the grant at a special meeting in March. But a majority of the nearly three-quarters of the votes not controlled by Musk or his brother did not cast votes in favor of the transaction." "The [Elon] Musk compensation plan is so one-sidedly in favor of [Elon] Musk that it is beyond the bounds of reasonable judgement and is inexplicable on any grounds other than bad faith,"