‘The clock has struck midnight’ for Tesla and Elon Musk. How are Tesla’s directors responding to this month’s massive delivery miss, a rash of layoffs, reports of an end to the low-priced model 2, and a sinking stock price? They are urging shareholders to make sure Musk gets a hefty pay package.

https://finance.yahoo.com/news/the-clock-has-struck-midnight-for-tesla-and-elon-musk-145446735.html

by mafco

5 comments
  1. I don’t care what the circumstances are. A $56 billion pay package is obscene by any standards. Musk’s sycophant board is not acting in the best interest of the company or the shareholders. Musk didn’t “earn” that compensation. If anything his recent behavior has devalued the company. Not to mention that the Cyber-Truck is a fucking joke and canceling the mass-market Model 2 an incredible blunder.

    And why does Musk even think he deserves that? The audacity of today’s billionaire class is sickening.

  2. Pay for what?

    Stock is in the shitter (relatively), large delivery miss, and he spends way more time on Twitter.

    What is he doing that’s worth that much money to Tesla?

  3. The worst worst performing stock in the entire S&P 500. What a joke this board is.

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