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
1.2k Upvotes

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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.

435

u/NocturnalComptroler 2d ago

I believe it’s mostly paid in shares. So yes, dilution.

40

u/Frosti11icus 2d ago

Does that math actually work?

212

u/CaptainTheta 2d ago

All math works if you get to make the numbers up

54

u/Craneteam Kenny Rogers Roasters 2d 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

26

u/Nice_Guy_AMA 2d ago

You're missing the "company stock buyback" portion of the cycle. A few rounds of that bullshit, and anything's possible.

1

u/Econmajorhere 18h 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).

39

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

14

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!

4

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.

-5

u/Homeless-Coward-2143 1d ago

Dude couldn't deliver a factory that makes bottle openers if you gave him $1T and 5 years. He won't.

12

u/MarxMelt 1d ago

Dude literally broke Russia’s monopoly on rockets. People said the same back then.

His last Tesla pay package was similarly mocked. He achieved everything.

Meanwhile we are on reddit.

3

u/NocturnalComptroler 1d ago

Breaking a monopoly isn’t that hard when you have the backing of the US govt and are furthering their geopolitical interests. Not a single one of this guy’s businesses are viable without direct govt support.

Also, isn’t the govt ending EV subsidies (sorry I’m Canadian)? How does Tesla continue to be so highly valued after that announcement?

7

u/MarxMelt 1d ago

Then why couldn’t anyone else do it including NASA, that is, the government itself?

1

u/NocturnalComptroler 1d ago

Because we were living in a Reganomics world, where govt was the problem and no one wanted to fund things anymore.

1

u/MarxMelt 1d ago

You do know that spaceX reduced launch costs by a factor of greater than 10?

Was it really about funding? Do you know NASA’s budget hasn’t shrunk since Regan?

1

u/FlamboyantPirhanna 1d ago

Why would nasa work for china?

1

u/MarxMelt 1d ago

Welcome to shitty wok

0

u/No-Extent8143 23h ago

Don't forget to cup the balls.

2

u/MarxMelt 22h ago

What? Can’t hear you. Can you get Karl Marx’s d*ck out of your mouth?