Tesla's nearly $1 trillion new pay plan for Musk would expand his voting power
www.cnbc.com
Tesla will also ask shareholders to vote on whether the automaker should invest in Musk's artificial intelligence company, xAI.

KEY POINTS

Tesla’s board is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday.

The full award would give Musk more than 423 million additional shares.

The company will also ask shareholders to vote on whether the automaker should invest in Musk’s artificial intelligence company, xAI.

  • HootinNHollerin@lemmy.dbzer0.comEnglish
    0·
    10 days ago

    There’s still far too many people driving teslas around saying ‘but i don’t support Elon’. They do support Elon the fucking Nazi and they must either sell that swastikar or be ridiculed for supporting Nazis.

    • IphtashuFitz@lemmy.worldEnglish
      0·
      9 days ago

      You have the money to buy up millions of Teslas at a reasonable price? I understand your sentiment, but realistically lots of Tesla owners likely can’t afford to replace them unless they get a good value for selling them.

      I’m willing to forgive people who bought a Tesla 5+ years ago. Not so much when it comes to Cybertrucks or the newer model line refreshes of the other models.