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themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish ·
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3 days ago

Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package

www.cnbc.com

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Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package

www.cnbc.com

themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish ·
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3 days ago
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Norway's mega wealth fund to reject Elon Musk's $1 trillion Tesla pay package
www.cnbc.com
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Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal.

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  • tias@discuss.tchncs.de
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    2 days ago

    threats from Musk to step down if the deal is rejected

    A threat is a good start, but is it a promise?

  • nao@sh.itjust.works
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    3 days ago

    Tesla has sold 7 million and something cars in total according to google. If each of those was 100k, that would still be less than a trillion in total. How could one guy get paid more than the whole company ever made?

    • ripcord@lemmy.world
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      3 days ago

      This is supposed to be paid out over time based on future performance milestones. Also based on projected increased value of shares as a result.

      Still insanely, insanely high though.

      • peetabix@sh.itjust.works
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        2 days ago

        Based on his performance or Telsa workers performance?

  • Quacksalber@sh.itjust.works
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    3 days ago

    Piss baby Musk should take his final breath under a bridge with nothing to his name. That would be fair.

    • GuyLivingHere@lemmy.ca
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      3 days ago

      And then the bridge should fall on him.

    • Inaminate_Carbon_Rod@lemmy.world
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      3 days ago

      I’d like to see his EGO want to be the first man to set foot on Mars.

      I wouldn’t be upset if something went catastrophically wrong.

  • kingthrillgore@lemmy.ml
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    3 days ago

    HOW IS HE WORTH A TRILLION DOLLARS

    • sugar_in_your_tea@sh.itjust.works
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      2 days ago

      He’s not, he’s merely asking to be worth $1T.

  • lechekaflan@lemmy.world
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    2 days ago

    Goddamn. It would be like rehabbing Quisling if they gave that fucking weasel what he wants.

  • Prior_Industry@lemmy.world
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    2 days ago

    I thought these guys had already sold their Tesla stake

  • SaveTheTuaHawk@lemmy.ca
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    3 days ago

    This is moot. Musk has never met a milestone once, and if he doesn’t meet milestones, he gets jack shit.

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