Please more!!!

  • DragonTypeWyvern@midwest.social
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    2 months ago

    The pay was in stock options. It essentially doubled his ownership of Tesla from 12% to 25% so he in fact cares a lot about the price.

    The stockholders are definitely morons for agreeing to it. Pay the fashgeld and you never get rid of the fash.

    • sensiblepuffin
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      2 months ago

      I didn’t know that, thank you! Also apparently a judge has blocked the awarding of the package?

      • DragonTypeWyvern@midwest.social
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        2 months ago

        Yes, we’ll see if it sticks. The prior argument was that Elon effectively controlled the board, and when he convinced the shareholders to vote in favor as well he lied/threatened them and invalidated it. This is just cynicism but I wouldn’t particularly expect that to stick, but who knows?