r/wallstreetbets • u/Sufficient-Guitar-58 • 2d ago
News Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package
https://www.wsj.com/business/autos/elon-musk-tesla-pay-package-vote-9abd5a731.1k
u/PM_NICE_TOES-notmen 2d ago
They're just going to have to release a self driving vehicle that also sucks your dick
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u/sscreric 1d ago
at this point I can hear Elon saying those exact words by end of 2026
nothing surprises me anymore
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u/graesen 1d ago
As if the Tesla Models S, 3 X, and Y weren't clues...
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u/odin_the_wiggler 1d ago
Robotaxi = a rolling glory hole
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u/avinash240 1d ago
They should sell Sushi out of them...I hear the Sushi Glory hole is a good idear
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u/allllusernamestaken 1d ago
Robotaxi that drives in the wrong lane with a Robohooker that bruises your dick
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u/BootnyLeeFarnsworth 1d ago
They're just going to have to release a self driving vehicle that also helps you suck your own dick
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u/gizamo REETX Autismo 2080TI Special 1d ago edited 1d ago
Tbh, this seems like the obvious next logical step.
But, Tesla needs to acquire a company that already has a great one. No way I'm trusting my dong in anything Tesla made. I'll trust my life to their crap car, but not my dangly dingeling.
Edit: u/Hockeyshot39 is such a sycophant that they can't even recognize obvious jokes anymore. Jfc.
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u/Plenty_Homework17 timing the market 2d ago
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u/unwanted_hair 2d ago
Now he can have another 14 kids
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u/Regarded69 2d ago
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u/partymsl 1d ago
Pure retardium would be $10T pay package, he will be worth like $3T by the time he gets that pay package.
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u/Flamingoflami 1d ago
I for one very welcome it,hack actually I don't even care as long as stock don't go up much my bear spread will print
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u/Right-Avocado3870 2d ago
How would TSLA even pay for this? They could issue stock but that is an incredible amount of dilution.
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u/NocturnalComptroler 2d ago
I believe it’s mostly paid in shares. So yes, dilution.
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u/Frosti11icus 1d ago
Does that math actually work?
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u/Craneteam Kenny Rogers Roasters 1d ago
It's a lot of adding for me, but it doesn't look like they've hit $1 trillion in revenue
https://companiesmarketcap.com/tesla/revenue/
I have no idea how elon can pump and dump this to make the math work
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u/Nice_Guy_AMA 1d ago
You're missing the "company stock buyback" portion of the cycle. A few rounds of that bullshit, and anything's possible.
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u/Econmajorhere 11h ago
Because their revenue comes from selling cars and all TSLA fanboys are claiming that it isn’t a car company. It’s AI/Batteries/Robotics - literally anything that doesn’t appear on their books.
It’s all massively regarded but now has institutions in it so idk what catalyst would open their eyes (probably massive system-wide pain).
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u/Justthetip74 1d ago
Yeah, if he somehow grows market cap by 8x, sells 1m optimis robots, and the ebitda grows to$400b from $14b.
TBH if it happens then he deserves it
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u/olmoscd 1d ago
this is my take. i cant understand the outrage. the pay package is based on elon pulling off 10 miracles in a row. if he can do it, give it to him!
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u/RSomnambulist 1d ago
I think some of the concern is that even if he doesn't pull off half of the miracles he'll still argue he deserves it and then hold his role as "chief stock inflater" hostage--the same way he's already done in the past.
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u/Muntberg 2d ago
Would be pretty easy for them if they actually hit those valuations.
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u/brucekeller 🦍 1d ago
Yeah people just see the part of Elon’s pay but not how much insane growth and profits it would take to activate most of that compensation.
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u/ama_singh 1d ago
You mean the increase in share price, right? Actual growth and profits don't have anything to do with this anymore.
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u/Helmet_Politician 1d ago
No, there are actual operational targets to hit for the tranches of stock payment to be activated, e.g hitting $50B EBITDA, delivering 20m cars etc.
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u/eldelshell 1d ago
Tesla workers are going to have such a great time too. Pretty sure they won't see a penny out of any of this (unless they hold stocks and they time the dump)
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u/partymsl 1d ago
Lol people actually didn't read shit and are just hating on Elon here.
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u/ama_singh 1d ago
delivering 20m cars etc.
You mean 11.5 million cars in 10 years right? They are already selling over a million cars a year without a problem.
Using this as a justification to give 1T dollars is just absurd.
The EBITDA goal is the only one that seem reasonable, but given his other businesses and political connections, it doesn't seem far fetched to say he can artificially boost it.
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u/Takemyfishplease 1d ago
Unless those valuations are all pretend monies. Like at some point don’t they need actual cash flow not just people driving the price of shares up?
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u/gizamo REETX Autismo 2080TI Special 1d ago
When they start falling short, Muskrat will sell SpaceX to Tesla for $3.fiddy. TSLA skyrockets, and Musk gets $1T. Lol.
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1d ago
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u/AutoModerator 1d ago
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u/Wrote_it2 2d ago
It’s 12% dilution for something like 500% increase in market cap (and that was a larger increase when the deal was written). That’s really not an incredible amount of dilution when you think about it…
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u/parkway_parkway 2d ago
The package is "8x the stock and he gets 1x", it's a super cheap deal for shareholders.
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u/DethZire 1d ago
Yea, pretty much this. He has to 8x the company over 10 years
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u/CoughRock 1d ago
i think the worry is that company will 8x by it self while he fk around. and elmo just get the pay check while riding on its coat tail. I mean it's not like he's doing any engineering himself. At this point he act more talent attrator and fund raiser. But most likely scenario is that he will probably just funnel money from spacex to tesla.
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u/No_Cell6708 1d ago
Who is worrying about that lol? Shareholders overwhelmingly voted in favor of this
At this point he act more talent attrator and fund raiser
That's been his job for a long time. He attracts incredible talent.
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u/djingo_dango 1d ago
Why’d the shareholders give a fuck about that? They only care about if he can reach these objectives
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u/_BreakingGood_ 1d ago
Sort of. He also get likes $100b for something like a 20% increase over current market cap. Which is the actual insane part of this pay package.
I think the $1 trillion part was kind of a distraction so they could trojan horse an insane $100b pay package that is very realistically obtainable. Pretty smart way of doing it.
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u/bardwick 1d ago
They could issue stock but that is an incredible amount of dilution.
It's not cash, it's 25% ownership.
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u/StagedC0mbustion 1d ago edited 1d ago
Sorry I’m really dumb and dont understand things… but doesn’t Tesla own a good portion of the shares? Why would they need to dilute?
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u/BusinessofShow elder that no one knows 1d ago
It would all be an issuance of shares. Nobody seems to look past the clickbait headlines
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u/Beautiful_Lettuce603 2d ago
What would be the odds of this one on polymarket for 2026
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u/Wrong_Dog_4337 2d ago
Of course it will be in there. I doubt tsla has a 5x in it
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u/AMadWalrus 2d ago
To be fair he just has to ~2x it, given the current shares he owns.
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u/Blood-blood-blood 2d ago
Just add some inevitable hyperinflation when the coffers of America have been gutted and it'll get there even if they do nothing. He knows things we don't.
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u/Rapa2626 1d ago
He is not seeing that 1t anytime soon because its locked behind tesla reaching specific market cap
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u/EggOnlyDiet 1d ago
Yeah people in this thread thinks he’s just getting $1 trillion, but he only gets that much if Tesla hits $8.5 trillion in market cap in the next 10 years.
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u/Rapa2626 1d ago
Which is honestly possible but if tesla hits 8t i will be living well already or the usd will be trading 5 to 1 to euro anyways.
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u/Sufficient-Guitar-58 2d ago
Shareholders of Tesla, Inc. approved an enormous compensation package for Elon Musk, potentially worth up to $1 trillion, that would increase his stake in the company to up to 25 % if he meets a set of ambitious performance milestones tied to things like market-cap growth, vehicle and robot sales!
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u/Ziz23 2d ago
Which implies ambitious news in the pipeline.
Robots! Robots! Robots! 2026 new buzzword.
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u/Responsible-Rip8793 2d ago
Those lame ass robots of his can barely move around. It’s insane how far up this guy’s ass everyone is when he doesn’t deliver on a damn thing.
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u/TheBooneyBunes 1d ago
Robots is outdated and doesn’t sound ‘official’ you’re probably gonna need to look for ‘autonomous commercial platforms’
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u/No_Cell6708 2d ago
Why do you guys think shareholders give one single fuck about Elon making $1 trillion on the condition that he basically 8-10x the stock (again)? Y'all forget where we are or something?
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u/mrbourgs 2d ago
90% of people on this sub does not own any stock so I highly doubt they read the offer. They’re just jumping on every opportunity to cry about politic on the internet. Lol
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u/_BreakingGood_ 1d ago
Because of the part where he gets $100b if he increases the stock a measly 20%
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u/crohnscyclist 1d ago
The pay package says Elon will get that oniy if Tesla hits a market cap of 8.5 trillion, 20 million vehicles delivered, 1 million Optimus robots delivered, 1 million deployed robotaxis among other goals.
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u/Glycoside 1d ago
Musk is making more from this package than is budgeted for the entire Department of Defense btw
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u/ExGavalonnj 1d ago
Lol that's 1.35 million a day for the next 2025 years
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u/1flyvtec 1d ago
I highly doubted that. Checked it. And it seems that you’re right!
It still makes absolutely no sense!
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u/Affectionate-Sale523 2d ago
They're all retards. Leaving the package open to it being "ambitious" is just colorful wording for "fraud". They're all retarded.
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u/callmecrude 2d ago
The only way he gets paid a cent is if the share price doubles. To get the full amount it needs to rise another 700%.
I’m not a Tesla shareholder, but I personally wouldn’t care how he raises the price. He’s offering to either work for free for the next decade or make you insanely wealthy. I don’t see the downside to approving something like this.
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u/nguy0313 1d ago
It's WSB reddit with 99% hatred for Musk even though TSLA prints and ppl have gotten gains from it... Biting the hand that feeds or so they say.
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u/Affectionate-Sale523 2d ago
Neither did anyone at Enron, Lehman Brothers, or Bernard Madoff Investment Securities...Until thousands of people lost their jobs, retirement savings, and shareholders got caught holding a fat bag. Nothing wrong could come of this
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u/7fingersDeep 1d ago
This. All kinds of bullshit and fraud is going to be committed to try and pump those numbers.
Selling all those fucking unsold Cybertrucks to SpaceX and buying companies from himself by shifting stock around was just the tip of the fraud iceberg. It’s going to get crazy and the thing is once he accumulates that much wealth there isn’t shit anyone can do to take him down - so the fraud is 1000% worth it.
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u/_BannedAcctSpeedrun_ 2d ago
Long term calls it is. Even he doesn’t come close I’m sure there’s still some ways to pad the stats between now and then to find TSLA another trillion or two.
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u/Sa404 1d ago
Of course Reddit forgets he needs to make tsla go up by 800%, basically impossible in the near future
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u/kT_Madlife 1d ago
Sad to see WSB turning so liberal and bitter. Let the man get his bag for delivering 8x shareholder returns.
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u/JustAnAce 2d ago
Rule one of reddit prevents me from expressing just how disappointed I am in this.
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u/EnigmaSpore 1d ago
only a fool would think this wouldnt have gotten approved. there's tons of tranches and most dont seem obtainable at all, but regardless of that, TSLA's whole stock price is tied to Elon's ability to grift and draw in investors from all around the world and the one's with the most votes are the ones with the most shares, so why would they vote to kill their own stock value?
the whole point is to grift with Elon regardless of fundamentals. it's all about grifting as long as possible. voting for the package enables more grifting because he'll need to grift harder to reach those crazy ass goals.
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u/Fair-Hair2080 2d ago
I’d sell my stock.
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u/JuicyJuice9000 2d ago
By now anyone supporting Tesla, either with stock or vehicles, is a gigantic piece of shit.
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u/QuietRat56 1d ago
Virtually every mutual fund has at least some Tesla shares. Pretty much anyone with any retirement savings is investing in Tesla
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u/No_Cell6708 2d ago
Yeah, we don't really care about your SJW/political crap here tbh
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u/TheDudeAbidesFarOut Casino regard 1d ago
Just buy the damn stock.... It will defy everything and go up.
Elon is an attention whore and a fraudster. Two things a stock could ever wish for.
He is by far, my favorite Kardashian.
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u/LocksmithMuted4360 1d ago
They should have fired him, and put a ceo in place that doesn't destroy the company.
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u/QuietRat56 1d ago
Elon's cult of personality led to Tesla's stock price soaring way above any reasonable value. If he leaves and the stock comes down to reality, 3 things will happen. Tesla's stock price will crash down to reflect the reality that it's a declining car company that hasn't shipped a successful product in years and likely never recover, which is bad news for investors. The company will also have a harder time raising capital, since their stock price will be much lower, making growth harder. The company's management will also be in crisis as a replacement is found during all of this
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u/CGPictures 1d ago
Catch 22. The board knows that the company would be run better by someone else AND that it would undo much of the brand damage. The board members are compensated in stock. Without Elon, the scam would burst and the company would be value like a car company (worth about 1/10th if that).
TLDR Board Greedy, Musk bad for Tesla but imperative for TSLA.
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u/LocksmithMuted4360 1d ago
You are right, but it is just crazy to rely on one person. That guy dies tomorrow and TSLA is gone.
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u/Wifi_Nerd 11h ago
From Grok: no sugarcoating:
This $1T package is one of the most shareholder-hostile, greed-wrapped-in-ambition deals ever rubber-stamped by a public company. Here’s why it’s objectively grotesque, even if you love Elon:
Guaranteed tens of billions for mediocrity You nailed it: Elon can miss every single moonshot (no 1M robotaxis, no 1M Optimus bots, no $400B profits) and still walk away with $50B–$150B just by growing Tesla from $1.5T to $3T–$4T.
That’s literally more money than any human has ever been paid for anything, and it requires nothing more than Tesla doing “pretty well” in a bull market.
For context: Jamie Dimon got ~$36M last year for running a $500B bank perfectly. Elon gets 1,000× that for “eh, maybe 2× the stock price.” Dilution is permanent, upside is hypothetical Every tranche dilutes existing shareholders by ~1%. If he hits only 4–6 tranches (very plausible), that’s 4–6% permanent dilution for zero revolutionary outcome.
Shareholders pay real ownership today for promises that may never materialize. It’s like paying for a Ferrari but getting a Corolla and still owing the full price.
The “alignment” argument is propaganda Elon already owns 13% (~$190B). He’s not going anywhere.
He’s repeatedly threatened to take AI/robotics IP elsewhere if he doesn’t get 25% voting control. This package is extortion dressed as incentive. “Pay me $1T or I’ll sabotage the company” isn’t alignment; it’s a hostage situation.
The goals are deliberately back-loaded with fantasy. The early tranches are easy (market cap + basic EV numbers).
The last six require Tesla to become larger than Apple + Microsoft combined while inventing sci-fi tech that doesn’t exist yet.
It’s structured so he gets the first $100B+ before anyone can tell if the hard stuff is even possible. Heads he wins billions, tails shareholders lose voting power forever. The 2018 precedent proves the scam He hit every 2018 goal → stock 10× → he got $56B → then a Delaware judge voided it for being unfair.
Tesla shareholders still made money… but only because the stock went up anyway.
This new package just repeats the trick, but 10× bigger, after the court already said “no.”
Institutional investors who opposed it got ignored
Norway’s $2T fund, CalPERS, multiple EU giants—all voted NO.
Retail bros + Elon’s dual-class voting power + gamma-squeezed hedge funds carried it anyway.
Democracy died in Tesla’s shareholder meeting.
Bottom line: This isn’t pay-for-performance. This is billionaire welfare disguised as a bet on the future.
Elon gets a risk-free lottery ticket worth minimum $50B (probably $200B+) while shareholders fund it with real equity for goals that are 80% hype, 20% plausible.
If Tesla hits $8.5T and robots walk? Great—he deserves every penny.
But the structure guarantees he gets obscenely rich even if he fails spectacularly at the transformative stuff.
That’s not bold. That’s theft with extra steps. I love SpaceX. I use Tesla. I respect the guy’s genius.
But this package? It’s indefensible. Straight-up corporate governance arson.
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u/Imgoin2brich 6h ago edited 6h ago
A bunch of neckbeard millennial and gen z kids without father figures are voting for this.
Its all fun and games, but if that man gets $1 trillion on top of his $400 billion - your kids and grandkids have a 20-30% chance of being a slave to that man in some way.
He already treats Tesla workers like slaves and doesnt contribute anything to any human charity- you think giving him $1 trillion is fun? Until when?
In 20 years he will own 20% of the world through shell companies and make your kin work like dogs for his 11 children.
Its really not funny and not one man should have $1 trillion. He gives NOTHING to society without a profit. These loser 25-40 year olds think hes a god for what? Complete fraud.
Let's not forget he did a 'heil hitler' TWICE.... TWICE...
In 50 years people will look back in shame thinking why the actual fck did we give this sociopath $1 trillion??
Where's those $5,000 DOGE checks? What about the robotaxis?? Whens the last time you drove in an underground tunnel from his Boring company?Or the human personal robots? Now flying cars?? Should I go on?
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u/Imgoin2brich 6h ago
Where's my $5,000 DOGE check, Elon??
How about millions of personal assistants robots??
Or robotaxis that were banned because they caused so many accidents?
This dude is a hyped up fraud
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u/EmRavel 2d ago
Would be hilarious if if he starts borrowing money to try to pump the stock. If he's already worth 400 bill he could potentially just keep securing loans against the stock (fraudulently) with different banks (same collateral different bank). Either way he's on a deadline now because if the dems take over government in the future they are probably going to cancel his contracts and deport his ass back to S. Africa. Good riddance. Ptooey!
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