Imagine if they had instead hired 500,000 people on $100,000 each. They could have bought the entire city of Detroit and had it making Teslas, instead they’ve got one coked up narcissist.
Musk is not getting billions worth salary. You can’t hire 500,000 people using his package. Unless you believe that these workers should be eating shares instead of food.
I’ve read that all they’re doing is diluting the current shares, so in essence the current shareholders are screwing themselves over by devaluing their own shares.
Imagine if they had instead hired 500,000 people on $100,000 each. They could have bought the entire city of Detroit and had it making Teslas, instead they’ve got one coked up narcissist.
Musk is not getting billions worth salary. You can’t hire 500,000 people using his package. Unless you believe that these workers should be eating shares instead of food.
I’ve read that all they’re doing is diluting the current shares, so in essence the current shareholders are screwing themselves over by devaluing their own shares.
Pretty dumb
It’s still incredibly stupid to dilute your own votes and give him more votes…
They could also sell shares to raise money to hire more people…
https://youtu.be/q_1yJFP4jjs