Dude has 679B as of today.

Why does it matter if he is paid a few billions here and there? He won't go hungry.

He would send a better message if he said his salary was just $1. But now with his fight for $1T, he just reinforces that he is a greedy selfish !@#$% who will throw anyone under the bus to extract as much as possible just because he can. In America, if you play the game right, you can take advantage of a lot of things that seem unfair and not available to poorer people.

aggiehawg said:

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If all of the rules required for corporate governance are followed, why would the courts have any say?

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Holy rhetorical question, you J.D. you.

aggiehawg said:

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If all of the rules required for corporate governance are followed, why would the courts have any say?

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Do you even Delaware? Musk is bad and can't be paid because Orange Man Bad.

He has to drive up the value of the shares to earn that package and if he does good for him. I still think the stock is overvalued by about 100x by actual enterprise value, but good for him for selling a gee whiz future that has pumped up the price.

infinity ag said:

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Dude has 679B as of today.

Why does it matter if he is paid a few billions here and there? He won't go hungry.

He would send a better message if he said his salary was just $1. But now with his fight for $1T, he just reinforces that he is a greedy selfish !@#$% who will throw anyone under the bus to extract as much as possible just because he can. In America, if you play the game right, you can take advantage of a lot of things that seem unfair and not available to poorer people.

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You worry about money. He worries about corporate influence. You look at his pay package as the dollar value. He looks at it as how much voting power he has.

Malibu said:

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He has to drive up the value of the shares to earn that package and if he does good for him. I still think the stock is overvalued by about 100x by actual enterprise value, but good for him for selling a gee whiz future that has pumped up the price.

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Every tranche of this compensation package has already been achieved, and were achieved ahead of schedule. Same will be true for the 2025 package.

hph6203 said:

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Malibu said:

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He has to drive up the value of the shares to earn that package and if he does good for him. I still think the stock is overvalued by about 100x by actual enterprise value, but good for him for selling a gee whiz future that has pumped up the price.

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Every tranche of this compensation package has already been achieved, and were achieved ahead of schedule. Same will be true for the 2025 package.

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My understanding is that those milestones were related to market capitalization, rather than actual revenue and profit targets. My internal valuation of tesla is based on what it is actually producing and I think that its future valuation is based on fairy dust and lots of folks will lose their shirt and Musk's paper worth will shrink tremendously. But, hey, the market has spoken and Mr. Musk should be paid.

infinity ag said:

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Dude has 679B as of today.

Why does it matter if he is paid a few billions here and there? He won't go hungry.

He would send a better message if he said his salary was just $1. But now with his fight for $1T, he just reinforces that he is a greedy selfish !@#$% who will throw anyone under the bus to extract as much as possible just because he can. In America, if you play the game right, you can take advantage of a lot of things that seem unfair and not available to poorer people.

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"Reeeeeeeeeeee space man bad"

What a jealous fool

The lower court judge severely damaged Delaware as a business incorporation destination.

We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

2012 required the stock to increase from $3.2 billion to $43.2 billion and had these additional requirements:

Model X alpha prototype completion.
Model X beta prototype completion.
First Model X production vehicle.
Aggregate vehicle production of 100,000.
Model 3 alpha prototype completion.
Model 3 beta prototype completion.
First Model 3 production vehicle.
Aggregate vehicle production of 200,000.
Aggregate vehicle production of 300,000.
Gross margin of 30%+ for four consecutive quarters

2018 required the stock to increase from $59 billion to $650 billion and also required that revenue increase from $20 billion to $175 billion in 8 separate milestones and for adjusted EBITDA to increase from $1.5 billion to $14 billion in 8 separate milestones. He had to hit one revenue or EBITDA milestone as well as one market cap milestone to unlock each of the 12 tranches.


2025 he has to double the market cap from when the vote occurred (to $2T) for the first tranche, then $500 billion increments to $6.5T, then the final two tranches are $1T increments to $7.5T and $8.5T and hit either an EBITDA target ($50B up to $400B annual in $50B increments) or 20 million vehicles delivered, 1 million optimus robots delivered, 10 million active FSD subscriptions, or 1 million robotaxies in operation.

Aggie Jurist said:

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The lower court judge severely damaged Delaware as a business incorporation destination.

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Fortune 500 companies moving here.
Texas Stock Exchange (Y'all Street).
Friendly business climate with no state income tax.

Texas welcomes Delaware corporate refugees with open arms.

AtomicActuator said:

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We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

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Eh. That sounds Marxist. I choose to celebrate meritocracy.

Teslag said:

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AtomicActuator said:

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We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

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I'm far more worried about people who get elected to public office with nothing and leave with millions

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Right, which is largely coming from the billionaires and their companies. So the people with the real power are those who can afford to fill the pockets of our officials.

There's quite literally no one that Musk couldn't buy. He got the leader of the free world to do an ad read for him in front of the White House for God's sake.

AtomicActuator said:

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We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

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People don't hate people just because they got rich. It is how they got rich. By bending rules, by doing unethical stuff? I don't believe that Musk made his 700B fully clean and ethical. If you believe that you are very naive. I am sure he's bribed politicians also. He tried to get Trump to not go after H1Bs but he failed miserably and got booted out (good job Trump).

So I don't care if Musk makes $10T (legally). But I do condemn him if he screwed his employees over and gave them no raises or bonuses and made them work insane hours without extra pay just so he can make his trillion.

I am suspicious of his power. He has a LOT of money so he does have a lot of power. He can get things done that you and I cannot. Doors open for him. That is dangerous.

AtomicActuator said:

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Teslag said:

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AtomicActuator said:

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We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

---

I'm far more worried about people who get elected to public office with nothing and leave with millions

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Right, which is largely coming from the billionaires and their companies. So the people with the real power are those who can afford to fill the pockets of our officials.

There's quite literally no one that Musk couldn't buy. He got the leader of the free world to do an ad read for him in front of the White House for God's sake.

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And he still got run out of the White House

Quote:

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But I do condemn him if he screwed his employees over and gave them no raises or bonuses and made them work insane hours without extra pay just so he can make his trillion.

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No one is forcing them to work there.

Tesla has had pretty generous employee stock awards since it went public, making millionaires out of line workers. You're just talking out of your ass to justify your dislike for rich people. They had the highest total compensation to their manufacturing employees in the industry for years.

Assume they **** over their employees, assume they engage in corruption to validate your arguments.

Trump is a fan of H1-B's and Musk leaving had nothing to do with Trump disagreeing with Musk on H1-B's.

Kiyoko has been with Tesla for 12 years.

She used her hard-earned Tesla stock – and the tremendous value it’s generated over the years – to purchase a new home for her family.

At Tesla, we believe in sharing our success & empowering our people through our employee equity… pic.twitter.com/flV9UTRnPa

— Tesla (@Tesla) October 1, 2025

At Tesla, we reward talent & dedication with an opportunity to earn equity that can change your life

Hear from Sara, a Maintenance Technician at Giga Texas, and how her hard-earned Tesla stock empowered her to provide for her family

To support our mission & enable us to… pic.twitter.com/aJSBCM9f4C

— Tesla (@Tesla) October 9, 2025

infinity ag said:

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Dude has 679B as of today.

Why does it matter if he is paid a few billions here and there? He won't go hungry.

He would send a better message if he said his salary was just $1. But now with his fight for $1T, he just reinforces that he is a greedy selfish !@#$% who will throw anyone under the bus to extract as much as possible just because he can. In America, if you play the game right, you can take advantage of a lot of things that seem unfair and not available to poorer people.

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He should have leveraged his equity to go private when the Model 3 had them on the verge of bankruptcy. Instead he bet his entire fortune to keep suppliers paid, the lights on, and payroll funded.

He slums around more than any billionaire on the planet. He isn't asking for $1T he's asking for increased control so he doesn't have to fend off short sellers like Bill Gates.

hph6203 said:

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Malibu said:

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He has to drive up the value of the shares to earn that package and if he does good for him. I still think the stock is overvalued by about 100x by actual enterprise value, but good for him for selling a gee whiz future that has pumped up the price.

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Every tranche of this compensation package has already been achieved, and were achieved ahead of schedule. Same will be true for the 2025 package.

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LOL

You said "package". </8th grade chortle>

AtomicActuator said:

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Teslag said:

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AtomicActuator said:

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We don't have to hate someone because they've gotten that rich.

But we should be leery of anyone with that much power over the world we live in who doesn't answer to the people.

---

I'm far more worried about people who get elected to public office with nothing and leave with millions

---

Right, which is largely coming from the billionaires and their companies. So the people with the real power are those who can afford to fill the pockets of our officials.

There's quite literally no one that Musk couldn't buy. He got the leader of the free world to do an ad read for him in front of the White House for God's sake.

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TDS much today!

And, Elon really did put it 'all on the line' to make the company work. I think a lot of folks don't realize that this isn't actually ancient history.

Former Tesla employee: Elon’s approach is to do anything required to keep his businesses competitive.

“In 2008, when Tesla was at its darkest moment, he put in his personal last millions of dollars to fund it. He was even couch-surfing in Menlo Park and paying my business… pic.twitter.com/kdovf3ZKbN

— ELON CLIPS (@ElonClipsX) April 22, 2025

Kathaleen McCormick has managed to kill the goose that lays the golden eggs over Musk derangement, imho, up in Delaware. Which, frankly, I think is great.

infinity ag said:

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Dude has 679B as of today.

Why does it matter if he is paid a few billions here and there? He won't go hungry.

He would send a better message if he said his salary was just $1. But now with his fight for $1T, he just reinforces that he is a greedy selfish !@#$% who will throw anyone under the bus to extract as much as possible just because he can. In America, if you play the game right, you can take advantage of a lot of things that seem unfair and not available to poorer people.

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the fight isn't for absolute dollars - it is to maintain controlling interest in Tesla.

Your hated makes you dumb.

There is a reason the 10th Commandment is ' Thou shall not covet'. It is poison to the soul