Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.
He missed every milestone at SpaceX. Stock investors are fucking delusional about autonomous taxis, Waymo has been there for years and it’s not a trillion dollar business.
Humanoid robots is pure wank, unless Tesla pivots to sex dolls.
Of course he can’t. He knows that. This was 100% optics, so he can go down in history as the worlds first trillionaire. It doesn’t matter that it won’t happen, it did on paper, and that’s all these types care about. He can now brag and boast on his newfound success, and insanely, it will work (at least for a while).
What if he gets the government to buy it all, in a roundabout way to provide services to the populace via the government. The rejig the taxis to mean robo trains and buses that are free for everyone. The robots can staff hospitals, doing menial tasks (cleaning, changing diapers), leaving the more important work for actual humans.
This stock and company is so propped up on bullshit, it will happen. Even if the board and investors have to buy his bullshit so he can meet these goals. They need it to happen so the stock price keeps going up.
Thank fucking god you explained this. I was thinking wtf is wrong with this world and now I understand this is an unreasonable performance comp plan - makes so much more sense and with the damage he’s done to that brand, people like me wouldn’t buy a thing from them. I wouldn’t piss on him if he was on fire.
It depends on how these things are defined. Say, for example, a 1-foot humanoid roomba minus any utility. When it comes to the market cap, causing hyperinflation of America’s dollar can allow it to become true by the word, if inflation isn’t part of the agreement.
The robo-taxi is probably the toughest part. Maybe a means for the military to ‘taxi’ explosives into civilians at Stephan Miller’s command?
I know. This all sounds stupid. Unfortunately, I have precedent. Gestures at the year 2025.
Tesla will be bankrupt in 2 years. They may flog it to keep it moving for a while longer, but it is already too late. It’s brand reputation sucks, nobody is buying them but losers, most people that own one would dump it if anyone would pay a reasonable amount for it, the quality control is notoriously terrible, and as they age, their repair and maintenance issues are going to become very expensive. They won’t recover from any of that. If it wasn’t for the government buying so much unused inventory, they’d be in even worse shape than they are.
Besides, he is one of the most reviled men on the planet. In 10 years, the world is going to be very different. Either it will be ruled by ruthless scum like Musk and Trump, or the other 8 billion people on the planet will do something about the >50 people in the world who are fucking it up for everybody else.
I’m really hoping that a decade from now, Musk, and his psychopathic super villain buddies, won’t be an issue, one way or another.
Headline is a bit misleading. He has 10 years to meet a list of requirements to get the pay package.
I actually don’t think he can do it.
He has to sell 1mil humanoid robots, get 12mil robo taxies in the street, and get Tesla’s market cap to $8trillion.
I don’t think he can do the last one. They are at 1 trillion now. NVIDIA has the highest market cap at like 4 trillion.
He missed every milestone at SpaceX. Stock investors are fucking delusional about autonomous taxis, Waymo has been there for years and it’s not a trillion dollar business.
Humanoid robots is pure wank, unless Tesla pivots to sex dolls.
I would not fuck a Tesla.
Of course he can’t. He knows that. This was 100% optics, so he can go down in history as the worlds first trillionaire. It doesn’t matter that it won’t happen, it did on paper, and that’s all these types care about. He can now brag and boast on his newfound success, and insanely, it will work (at least for a while).
What if he gets the government to buy it all, in a roundabout way to provide services to the populace via the government. The rejig the taxis to mean robo trains and buses that are free for everyone. The robots can staff hospitals, doing menial tasks (cleaning, changing diapers), leaving the more important work for actual humans.
Maybe he was a socialist all along!
This stock and company is so propped up on bullshit, it will happen. Even if the board and investors have to buy his bullshit so he can meet these goals. They need it to happen so the stock price keeps going up.
Thank fucking god you explained this. I was thinking wtf is wrong with this world and now I understand this is an unreasonable performance comp plan - makes so much more sense and with the damage he’s done to that brand, people like me wouldn’t buy a thing from them. I wouldn’t piss on him if he was on fire.
It depends on how these things are defined. Say, for example, a 1-foot humanoid roomba minus any utility. When it comes to the market cap, causing hyperinflation of America’s dollar can allow it to become true by the word, if inflation isn’t part of the agreement.
The robo-taxi is probably the toughest part. Maybe a means for the military to ‘taxi’ explosives into civilians at Stephan Miller’s command?
I know. This all sounds stupid. Unfortunately, I have precedent. Gestures at the year 2025.
No way he lasts 10 years.
Tesla will be bankrupt in 2 years. They may flog it to keep it moving for a while longer, but it is already too late. It’s brand reputation sucks, nobody is buying them but losers, most people that own one would dump it if anyone would pay a reasonable amount for it, the quality control is notoriously terrible, and as they age, their repair and maintenance issues are going to become very expensive. They won’t recover from any of that. If it wasn’t for the government buying so much unused inventory, they’d be in even worse shape than they are.
Besides, he is one of the most reviled men on the planet. In 10 years, the world is going to be very different. Either it will be ruled by ruthless scum like Musk and Trump, or the other 8 billion people on the planet will do something about the >50 people in the world who are fucking it up for everybody else.
I’m really hoping that a decade from now, Musk, and his psychopathic super villain buddies, won’t be an issue, one way or another.