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[flagged]


Musk's pay package was tied to TSLA stock hitting certain price targets -- if it failed to do so, he wouldn't be paid at all. Here's what the NY Times wrote back in 2018 [1]:

> Tesla is worth only about $59 billion today. If Mr. Musk were somehow to increase the value of Tesla to $650 billion — a figure many experts would contend is laughably impossible and would make Tesla one of the five largest companies in the United States, based on current valuations — his stock award could be worth as much as $55 billion.

Well, he managed to do the "laughably impossible" -- Tesla is worth over $900 billion today. Shareholders should be thrilled.

[1] https://www.nytimes.com/2018/01/23/business/dealbook/tesla-e...


It was based on stock value, deliveries AND profit. So it was like can you make it into a large company by valuation that is profitable?


[flagged]


What’s the crime? This is a really low brow drive by comment from an anonymous user.


It’s noted a few sentences in that there is a separate lawsuit regarding the $56B…


These are 2 different lawsuits.




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