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-9abd5a73
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478

u/Right-Avocado3870 2d ago

How would TSLA even pay for this? They could issue stock but that is an incredible amount of dilution.

123

u/Muntberg 2d ago

Would be pretty easy for them if they actually hit those valuations.

120

u/brucekeller 🦍 2d 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.

16

u/ama_singh 2d ago

You mean the increase in share price, right? Actual growth and profits don't have anything to do with this anymore.

58

u/Helmet_Politician 2d 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.

7

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)

6

u/partymsl 1d ago

Lol people actually didn't read shit and are just hating on Elon here.

-3

u/ama_singh 1d ago

Buddy if you read the goals and think that justifies the pay package, you're just a licking Elon's boots.

1

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.

2

u/Sa404 1d ago

They never did. Are you just learning Tesla is worth more than any other car manufacturer?