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Musk's $56B pay package vote approved: Can it drive TSLA further?
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shareholders are always losers
CEO get paid 12% options or $46,000,000,000, and TSLA needs to sell 10,000,000 cars to pay him the hard earned 血汗钱。that is 10 years profit !
But if shareholders deny his pay, he will threaten to leave TSLA with his so-called technologies. So shareholders have no way but to approve.
basically this is very clear: CEO and shareholders have different interests.
after getting approved, CEO says “incredible shareholders”
of course, this is incredible, there are so many fans supporting his idea.
but do you really believe TSLA can matérialise the promises? Robot Taxi, humoids? but one thing for sure, shareholders 10 yeats car profit will go to his pocket. A flock of sheep make 1 man rich.
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