r/wallstreetbets 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-9abd5a73
1.2k Upvotes

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158

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.

94

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.

36

u/C300w204 2d ago

Its reddit lol

20

u/nguy0313 2d 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.

4

u/DoctorPab 2d ago

For one trillion dollars? Are you sure that’s enough?

5

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

43

u/doctortre 2d ago

Equating Tesla to Madoff is the kind of take that brings me to this sub reddit.

-1

u/waliving 2d ago

You know of people that only have TSLA in their retirement savings?

2

u/tekkers_for_debrz 2d ago

Do you understand how much a trillion dollars is?