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Started By
Message
1
Posted on 1/30/24 at 5:25 pm to stout
A tough decision but tip of the iceberg for companies that doesn’t have hedge funds or mutual funds as shareholders. And probably good. Warren Buffet takes a reasonable salary. The salaries paid to middle and upper executives are what drives prices so high. They can live on 450k just like doctors can.
Posted on 1/30/24 at 5:25 pm to Sterling Archer
quote:
they would be just fine without him. They wouldn't be where they are without him 100% but given his split priorities among his other businesses, I think a CEO focused solely on Tesla would benefit them in the long run
Preach .
Im thankful for Elon’s past contributions (i got into TSLA in 2016)- but at this point he needs to just go run his social media platform, whatever he’s calling it these days, and let someone run Tesla who’s more focused and less prone to public histrionics and chaos .. and yes i realize Elon gives zero fricks about what i think, im only speaking as a stockholder .
Posted on 1/30/24 at 5:26 pm to td1
quote:
Tesla's value ballooned to briefly top $1 trillion in 2021 from $50 billion when the package was negotiated.
Yeah he certainly doesn’t deserve the approved upon compensation.
/sarcasm
Posted on 1/30/24 at 5:28 pm to BK Lounge
quote:
Im thankful for Elon’s past contributions (i got into TSLA in 2016)
So the metrics he was comped on?
Posted on 1/30/24 at 5:29 pm to LegendInMyMind
quote:
Salty
He's a free thinker.
He's free to think whatever the left tells him to
Posted on 1/30/24 at 5:30 pm to Sixafan
quote:
The salaries paid to middle and upper executives are what drives prices so high. They can live on 450k just like doctors can.
Well there's 500 fortune 500 CEOs in the country and probably a couple million MDs. Pop stars and elite athletes could live on 450k a year too buy why would they want to.
Posted on 1/30/24 at 5:31 pm to Hookah
quote:
lol. The stock would crater and would remain cratered if Elon left.
This has been said by dozens, if not hundreds of companies in the past that had charismatic founders.
Posted on 1/30/24 at 5:31 pm to stout
Not going to argue that the sum seems high… the reality though is that Musk is Tesla and he is a major capital asset who’s value is the judgment of the Board and then voted on by the shareholders.. the mere fact that the opinion is 200 pages bares out the motive pretty clear because if the opinion was rooted in fact that the Board misrepresented the facts to the shareholders then the opinion wouldn’t need to be so lengthy. This reeks of activism from the bench.
Posted on 1/30/24 at 5:31 pm to BK Lounge
quote:
Im thankful for Elon’s past contributions (i got into TSLA in 2016)- but at this point he needs to just go run his social media platform, whatever he’s calling it these days, and let someone run Tesla who’s more focused and less prone to public histrionics and chaos .. and yes i realize Elon gives zero fricks about what i think, im only speaking as a stockholder .
Elon’s ventures are a large reason why Tesla trades at an uncharacteristically high PE. I have zero doubt without Elon running Tesla, the shares would be priced as a normal auto company. No one they bring it will be able to grow, integrate and expand the way Elon is able to do. If you think otherwise you’re just delusional and I’d like to see your shortlist of leaders who would do better.
This post was edited on 1/30/24 at 5:35 pm
Posted on 1/30/24 at 5:32 pm to barry
quote:
This has been said by dozens, if not hundreds of companies in the past that had charismatic founders.
And dozens, if not hundreds have faded into history or been swallowed up by larger companies.
Posted on 1/30/24 at 5:33 pm to BBONDS25
quote:
Im thankful for Elon’s past contributions (i got into TSLA in 2016)
So the metrics he was comped on?
Lol.. Did i say i was “Lets pay the motherfricker $56 BILLION dollars” happy ??
Posted on 1/30/24 at 5:33 pm to barry
quote:
This has been said by dozens, if not hundreds of companies in the past that had charismatic founders.
I wouldn’t categorize Elon as charismatic. Eccentric, sure. Also let’s see your list of 100 companies this applies to.
Posted on 1/30/24 at 5:34 pm to Bjorn Cyborg
quote:
Then she should've focused on the process and refrained from editorializing on the "unfathomable" sum. But in reality, it was the sum, not the process that was her issue.
Did you read the 201 page opinion?
Posted on 1/30/24 at 5:34 pm to stout
This post was edited on 4/5/24 at 3:06 pm
Posted on 1/30/24 at 5:35 pm to Scuttle But
quote:
And dozens, if not hundreds have faded into history or been swallowed up by larger companies.
Microsoft
Apple
Netflix
Oracle
you musk god worshippers are embarrassing.
This post was edited on 1/30/24 at 5:36 pm
Posted on 1/30/24 at 5:35 pm to Scuttle But
quote:
Doubtful. People like Musk come around maybe once in a generation. He's a force of nature. If it weren't for his sure will Tesla and SpaceX wouldn't exist. We'd be 10 years behind where we are now in EV and rocket tech.
It is really unbelievable that so many here can’t grasp this. Someone here tried to make a comparison to Warren Buffet. LOfreakingL.
Posted on 1/30/24 at 5:38 pm to Scuttle But
quote:
He's a force of nature. If it weren't for his sure will Tesla . . . wouldn't exist. We'd be 10 years behind where we are now in EV . . . tech.
Hmmmm
Posted on 1/30/24 at 5:39 pm to barry
quote:
Google Microsoft Apple Netflix Oracle
All companies that were very well established with their original founders still at the helm. Tesla is still growing exponentially, while trading at an exorbitantly high PE, and still finding its footing. In other words, it’s still quite early in the company’s history, letting Elon walk now would be a death wish (welcomed by competitors).
This post was edited on 1/30/24 at 5:41 pm
Posted on 1/30/24 at 5:45 pm to stout
Sounds like the judge ruled that the board misled the shareholders.
A board’s fiduciary duties are to the shareholders. If the board misled them, that’s a huge problem and the vote should be nullified.
A board’s fiduciary duties are to the shareholders. If the board misled them, that’s a huge problem and the vote should be nullified.
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