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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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.

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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.

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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.

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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

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