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Musk’s $1 Trillion Pay Packet Is Not What You Think
It is utterly pathetic.
Musk is a complete genius. Just look at how well Tesla has done over the last few years. Sales are way down, and operational profits are now virtually non-existent. The company’s stock price has fluctuated but has been overall completely stagnant for five years. The models that were expected to dominate the EV market have either flopped or failed to materialise. Tesla no longer has a lead in the EV market, and competitors are actively leapfrogging it, given that Tesla’s technology has failed to develop for years now. But worst of all, Tesla is still light years away from the promises of fully autonomous cars and Robotaxis, which Musk made a decade ago. Oh, and now the entire world associates Tesla with Nazis, which has completely destroyed tens, or possibly hundreds, of billions of dollars in brand value and driven huge swathes of customers away. So, what does Tesla do to punish this “genius”? Offer him $1 trillion…
Tesla’s board recently offered Musk a new pay packet, and it is somehow even more insane, pathetic and stupid than his old $56 billion one.
In order to receive the pay packet, Musk has to meet specific targets over the next ten years (up until 2035). They are listed below:
- Deliver 20 million total vehicles.
