Tesla chair says Elon Musk needs $46 billion pay plan to stay motivated - eviltoast

Yeah, I totally get that. Give me $46 billion or I won’t be motivated any more either.

  • qarbone@lemmy.world
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    5 months ago

    Motivated to do what? What does he even do?? What does any CEO really do besides delegate and take the fall when shareholders are out for blood?

    I’m seriously asking.

    • jettrscga@lemmy.world
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      5 months ago

      It’s a great question when he can be CEO of multiple companies simultaneously.

      There’s no way I could work another full time job, there isn’t enough time available. And I’m pretty sure the difference isn’t that Musk is the only one that can pull it off.

    • Jivebunny@lemmy.world
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      3 months ago

      He needs his ‘investment’ in twitter back. Probably because he took out a loan that has enough intrest to be double what he has after selling Tesla stock.

  • Flying Squid@lemmy.world
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    5 months ago

    And out of the 8 billion people on this planet, there’s not one other who could be motivated for less and be at least an equally effective CEO?

  • partial_accumen@lemmy.world
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    5 months ago

    As of Jan 2023 he has sold a total of $39 billion in Tesla stock. So apparently that isn’t enough to be motivated. Why on Earth would giving him another $46 billion work this time to “keep him motivated”? If he’s given $46 billion he’ll just give it away too.

    • Skeezix@lemmy.world
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      5 months ago

      He’s going to be really mad if he doesn’t get 46 billion. I don’t think you understand how mad he will be. Not 45 billion; 45 billion is chump change. It’s 46 billion. Would you be fucking motivated even get out of bed for a dollar less than 46 billion?

      I didn’t think so.

  • BigMacHole@lemm.ee
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    5 months ago

    Our Laborers are ONLY Motivated by Love of the Company and Pride in their Work! But our CEO is ONLY Motivated by Money!

  • edric@lemm.ee
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    5 months ago

    I too need $46B to stay motivated. But at least I’m not fucking over the rest of the world.

  • atzanteol@sh.itjust.works
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    5 months ago

    This is obviously not about the money. We all know Elon is one of the wealthiest people on the planet, and he would remain so even if Tesla were to renege on the commitment we made in 2018. Elon is not a typical executive, and Tesla is not a typical company. So, the typical way in which companies compensate key executives is not going to drive results for Tesla. Motivating someone like Elon requires something different. This is one of the key reasons the Award also requires Elon to hold any shares he receives upon exercise of stock options for five years after he exercises the options — which can only serve to incentivize him to continue delivering value to Tesla and our stockholders.

    Narrator: It was about money.

  • snekerpimp@lemmy.world
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    5 months ago

    “I need on kajillion billion trillion dollars daily to be motivated”

    motivated to do what? Lose $30 million on another poor software purchase? Be a dumb piece of shit on said software platform that is tanking as we speak? Motivation to over work and under pay employees in hazardous, unsafe work conditions? Motivation to be even more of a sexist, misogynistic, pig headed human?

    What an absolute baby.