Tesla shareholder group opposes Musk’s $46B pay, slams board “dysfunction”

Hotzilla , 1 month ago

He wants to cash out before Tesla will crash and burn. Predictions are that Tesla is bankrupt in 5 years.

antimidas , 1 month ago

Guy should slow it down with the withdrawals from Homie Equity Line Of Credit, Tesla is getting stampeded by the more established manufacturers left and right and I don't really see what he should be compensated for, apart from apparently trying to use the company as his personal piggy bank.

In the last few years they've lost the budget EV market to Chinese manufacturers despite BYD cars burning down like candles in a forest fire, conservative German manufacturers like Daimler have caught up in regards to autonomous driving and are making further progress, products are stuck in development hell etc. etc.

It's a really valid point to raise – what exactly has he done lately to deserve the payout? The situation in 2018 was a bit different, but the amount would've been well in the outrageous side even back when the stock was rocketing and the recent controversies weren't all yet a thing.