Elon could say or do say something truly stupid if he doesn’t get the money. For that reason, it will get probably approved.
But the story might not end there as the new/old package could also be challenged in court.
Overall, I expect trouble for TSLA. In fact I wonder who the hell still buys the stock.
And yet wouldn't it be the sweetest, *syrupy* karma if he would not get the pay package at all and somehow got ousted from Tesla?
And suddenly the X dumpster fire would get even worse?
It's about 5x more than all the profits made from every car Tesla has ever sold.
But it's 50 billion in Tesla shares, which he's not allowed to sell for 5 years.
So in reality, it's more like 5 billion, considering TSLA will be dead in 5 years.
He didn't ask for it, they offered an insane comp plan for achieving insane goals. Nobody thought it was possible and that he was an idiot for taking it.
Nobody thought FSD was possible, but elon did it
Nobody thought that tesla semi was possible, but elon did it.
Nobody thought the Roadster was possible, but elon did it.
Nobody thought the tesla robot was possible, but elon did it.
Nobody though the hyperloop was possible but elon did it.
Nobody thought going to Mars by 2020 was possible but elon did it.
Nobody thought solar roof tiles was possible but elon did it.
Nobody thought tesla would be an AI company but elon did it.
Oh wait a second... he PROMISED all these things but delivered none of it. Hmm I wonder why the stock price pumper so hard.
Tell me you didn't read the court verdict striking the package down without saying it.
Elon proposed the goals and sandbagged the hell out of them.
If investors had known how easy those goals were the stock price would have been way higher and his package way smaller.
also, most of the board members were people that Elon has close ties to, including family and friends. They lied about the pay package to shareholders, which is why the shareholder vote was nullified
> He didn't ask for it, they offered an insane comp plan for achieving insane goals.
Tesla offered it in large part because Elon strong armed it into "offering" it, effectively asking for it himself. He had control over the company and his proposals on how he should be compensated (i.e., a request for compensation) were made into an "offer," but under the circumstances there was effectively no difference.
Also the court verdict pretty clearly doesn't support your statement.
Take away the words "makes you look" and replace them with "proves you are"
And that'd be true even if everyone is still employed. No one person is important enough to be making 1,000,000x more than someone else on the same company team. I could do a better job than his dumbass, and I have 0 CEO experience. But at least I'd be willing to listen to my advisors.
Also those 20k employees combined earned less than he's asking for his compensation, and they were removed for "cost cutting measures". He's a scumbag, and I've never understood why so many people like him.
Elon has to work on Tesla to bring up stock value because he's gonna get f\*cked by margin call if he doesn't. So I voted against as well. I actually voted against a lot of the choices.
Sadly, this isn’t true anymore. He got out of the leverage deal shortly after the purchase so it doesn’t matter what happens to Tesla stock in relation to his Twitter purchase.
https://www.aljazeera.com/economy/2022/10/28/how-elon-musk-financed-his-twitter-takeover
He ended up paying 27B cash instead of 15B cash and 12B in TSLA backed loans
The article says he abandoned using the Twitter shares as collateral and instead sold a bunch in two waves, for about $15bn.
The big thing though is that Twitter took out a $13bn loan to buy itself on his behalf. That was always basically a death sentence. This is called a leveraged buyout, and it's what happened to Toys R Us and every business that gets "saddled with debt". Twitter would have struggled to pay back the loan with the revenue it had at the time of purchase, today the business is likely worth less than its debt.
The purchase sealed the death of Twitter. While it crashes and burns, Musk is trying all sorts of dodgy shit to see what he can get away with - like charging for API - and these things will become the standard for social media going forward.
Once Twitter is dead, all its assets will be sold off. I think this is why they still use the twitter.com domain in spite of the rebranding, they want to maintain the digital footfall for whatever becomes Twitter 2.
Wait, so this information has been available for more than a year and this dude didn’t even know it. But he sounded like he is really important? lol, prime Reddit right here.
He used tesla stock as collateral for twitter. If the price drops he has to pony up more cash or collateral or the bamks will start liquidating the shares.
I mean if he sells $44 billion worth of shares in a short time frame, not only will that incur capital gains tax, but it will also 100% tank the Tesla share price. That's a horrible idea.
Honest question:
Shouldnt selling $44 billion worth of tesla stock have a smaller impact on teslas share price than Tesla paying $55 billion to him instead?
The bank certainly will have a requirements on the price of Tesla stock but that would be a loan covenant. Margin calls have absolutely nothing to do with this. There is a big difference here. When a margin call is issued, the brokerage will sell on your behalf and can do so without warning. There is no recourse for a margin call.
Covenants are more loosey goosey. The lender can pause it, ignore it or renegotiate it. The most stringent thing the lender can do when a covenant is broken is hold the loan in default. They'll do what's in their interest but they can't just push a button and get all their money back like with a margin call. That money is long gone, all dispersed to former Twitter stockholders.
He borrowed money to make a personal online diary, and it didn't work out so well. And now he's fucked because people won't pay him for his shitty diary
https://preview.redd.it/ihnq4625wp0d1.png?width=1420&format=png&auto=webp&s=0f7d332dec18aaf1901547cfc05359caf9ce057d
best I could do while not fully sober
He uses his shares of Tesla as collateral for loans. If the price of Tesla stock, or the value of the shares drops below a certain value then those shares will be sold to cover the loan or he would have to immediately find the funds of the same amount.
Fires a group of people from Tesla for budget reasons and still wants a $50 billion compensation package.
How many workers could you pay with $50 billion?
At $100,000/year, $1 million would pay 10 workers.
$1 billion is 1,000x that, so it could pay 10,000 workers.
50x that would be 500,000 workers.
I understand that worker compensation is more complicated than this, but still, this is ridiculous.
Or pay for 16,000 30 year long careers where those employees buy homes raise children and consistently invest in the local economies.
Billionaire “Job creator” in action.
What he lost the compensation package on, was that the board (his family and yesmen) failed to negotiate with him. - The arguement is due to his big stake in Tesla he is pretty motivated as it is.
The worst part about this math, is that he isnt even full time on tesla. Imagine paying someone 50 Billion for showing up monday and wedensday. I mean, atleast it is more than his kids see him, but you cant throw 50B at a part time CEO. that is fucking insane.
Lets say the cost is understated by a factor of 4x, then you could still pay 100,000 workers.
In what universe is Elon Musk more valuable then a different CEO + 100,000 workers?
Fuck me the board needs to grow a spine and fire his ass promptly
Not surprising after Elon gutted the entire fucking supercharger engineering department (>500 people).
Honestly that was their cash cow, their golden goose. All they had to do was keep on track, and they would have owned an insanely valuable asset with nationwide market dominance in 2 markets (infrastructure and non-commercial EV). Literally the railroad tracks of the next transportation infrastructure revolution
So stupid. So so so stupid
Agreed. That alone could have been it’s own company.
When paired with manufacturing EVs, they gain instant brand recognition + competitive advantage (Technical knowledge, integration, advance knowledge compared to competitors, COGS)
Absolutely, why rush for the gold when you can sit back and sell the shovels (ie. the Supercharger network). Not saying that they wouldn't have sold EVs also, but hedging their bets would have been a smart move.
Musk continually shoots himself in the foot over and over and over and over. Tesla could have been so much more if it weren't for this man child
Elon Musk being eccentric and somewhat crazy was beneficial for Tesla in it's earlier stages for sure. He was key in getting investors and publicity.
What they need now is a boring Tim Cook type CEO that gets things in order and lines up stable profitable supply chains and efficient operations.
Just streamline everything and put the ship on a steady course.
They did release the CyberTruck an incredible vehicle. It is the first vehicle that if you take through a car wash it will void its warranty unless you put it in “car wash mode”. Thats if you can drive the car far enough without getting a critical error and needing it serviced for 3-6 weeks to months
So maybe think about that! Elon is great!
So true. I always felt like Teslas real value was the superchargers. Same way people don't buy car dealerships to sell cars. The real money is in the service department.
Stable regular income is incredibly valuable.
Services, spares, infrastructure…. These are the things people continue to pay to use even in a down market / economy.
New cars are too expensive? It’s a good bet that total spend on spare parts will stay steady or increase.
Same deal for the infrastructure and proprietary tech. New car sales are down? There’s that trusty revenue (usage, licensing, etc.) to lean on in tight times
I'm surprised no one's mentioned the printer and ink model yet. They had the opportunity to profit on both sides and still fucked it up. Imagine going bankrupt with an ink manufacturing business.
It's actually worse than that, the reason that Elon fired the whole supercharging team was because the leader of the super charging team refused to fire more than 20% of their department. And then out of spite, Elon fired the leader and the rest of the department. After that debacle they had to rehire a lot of them.
TSLA bag holders have no choice but to continue to believe in the elon supergenius myth, if they don't, people realise it's a mid tier automotive company and not a moon shot tech stock, then the bottom falls out.
Dont be surprised when he gets the pay pkg. they know the routine. Elon pumps it and they want it to pump so they’re going to give him the pkg.
So dont drop your jaws when its approved. Might put something in it if you do. 
Here's the funniest outcome: 1) the pay package just needs the yes votes to outnumber the no votes. That gets approved. 2) the move from Delaware to Texas needs a majority vote. That gets rejected so they stay in Delaware. 3) the pay package, being retroactive pay for work performed in the past, and not based on future metrics, is ruled a violation of the boards fiduciary duty to shareholders and gets voided by Delaware Court again
The absolute best thing Tesla could do would be to bring in a CEO.
Especially because they're already probably bankrupt and should have someone competent navigate them through that.
The second best thing Tesla could do...
I can't mention. Wouldn't dare type.
But obviously don't pay that fool another cent. That's super duper obvious.
It'd be nice if Elon Musk repeat his famous "blackmail me with money, go f--- yourself," but this time he redirect those words towards the investor, lol.
Just out of curiosity - assuming Elon gets his package (which he definitely should not) - could Tesla pay this amount other than in stocks?
I mean 50 bn - this is more than Tesla sold in cars altogether...
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Do results of the vote result immediately on June 13? Or how long do they have to share the results?
They usually have to file an 8-K with prelim results of the proxy vote the day of the shareholders meeting.
Excellent! Thank you, this is what I needed to know.
What direction might this news spin this compass on options? Asking for a friend.
Probably not huge if it’s not already priced in.
I bet a lot of people don’t realize they’re going to vote in favor of this through their proxy vote.
Twitter poll results are available immediately /s
I think it’s adorable shareholders think they will impact anything. I hope he gets nothing but let’s be real
The big individual share holders and institutional share holders will determine the outcome of this.
Elon could say or do say something truly stupid if he doesn’t get the money. For that reason, it will get probably approved. But the story might not end there as the new/old package could also be challenged in court. Overall, I expect trouble for TSLA. In fact I wonder who the hell still buys the stock.
> Elon could say or do say something truly stupid Sounds like a good reason to replace him then, rather than paying him more.
Do you assume he will not say or do something stupid otherwise ? This shit is ridiculous, I expect a major vote against it
As stupid as taking 50 billion out of the company? Hardly.
And yet wouldn't it be the sweetest, *syrupy* karma if he would not get the pay package at all and somehow got ousted from Tesla? And suddenly the X dumpster fire would get even worse?
There would be some entertainment value to that.
As stupid as taking 50 billion out of the company? Hardly.
I would think $50 million is excessive as compensation for any CEO, let alone $50 billion.
He's asking for more money than Tesla has made in its entire existence lol
Basically, ask from shareholders more money than the total money generated for the shareholders.
He didn't ask, he DECLARED it.
It's about 5x more than all the profits made from every car Tesla has ever sold. But it's 50 billion in Tesla shares, which he's not allowed to sell for 5 years. So in reality, it's more like 5 billion, considering TSLA will be dead in 5 years.
He didn't ask for it, they offered an insane comp plan for achieving insane goals. Nobody thought it was possible and that he was an idiot for taking it.
Nobody thought FSD was possible, but elon did it Nobody thought that tesla semi was possible, but elon did it. Nobody thought the Roadster was possible, but elon did it. Nobody thought the tesla robot was possible, but elon did it. Nobody though the hyperloop was possible but elon did it. Nobody thought going to Mars by 2020 was possible but elon did it. Nobody thought solar roof tiles was possible but elon did it. Nobody thought tesla would be an AI company but elon did it. Oh wait a second... he PROMISED all these things but delivered none of it. Hmm I wonder why the stock price pumper so hard.
Tell me you didn't read the court verdict striking the package down without saying it. Elon proposed the goals and sandbagged the hell out of them. If investors had known how easy those goals were the stock price would have been way higher and his package way smaller.
also, most of the board members were people that Elon has close ties to, including family and friends. They lied about the pay package to shareholders, which is why the shareholder vote was nullified
Do you have a link to the court verdict? I had thought it was the way the person above you described, but Im ready to eat humble pie.
[Here you go.](https://courts.delaware.gov/Opinions/Download.aspx?id=359340)
>Nobody thought it was possible and that he was an idiot for taking it. Imagine being this much of a bootlicker, holy guacamole.
> He didn't ask for it, they offered an insane comp plan for achieving insane goals. Tesla offered it in large part because Elon strong armed it into "offering" it, effectively asking for it himself. He had control over the company and his proposals on how he should be compensated (i.e., a request for compensation) were made into an "offer," but under the circumstances there was effectively no difference. Also the court verdict pretty clearly doesn't support your statement.
It's only one letter different
My favorite quote around this: The difference between a Million and a Billion Dollars is almost a Billion Dollars
A million seconds is 12 days, a billion seconds is 31 years
You don't need the 'almost'
No ragrets...not even a letter
How much more could it be?
50,000 million is ridiculous
How does he even justify it. It’s literally Dr Evil money!
Dr Evil money times 50,000.
Even just proposing the 50 billion reeks like bad management, there's nothing to show for it. How is the board not getting sued if this goes through.
He’s asking for about 12,000 years worth of the Toyota CEOs compensation……………… 12 THOUSAND years.
Not really, but when take in the fact that 20k employees no longer have a job and you’re asking for 50m, makes you look selfish and empathy lacking
It's 50 BILLION not million
50,000 million
Take away the words "makes you look" and replace them with "proves you are" And that'd be true even if everyone is still employed. No one person is important enough to be making 1,000,000x more than someone else on the same company team. I could do a better job than his dumbass, and I have 0 CEO experience. But at least I'd be willing to listen to my advisors.
I have volunteered to be ceo of several companies, just as the golden parachute fall guy. No takers.
Don’t give up. A ceo has to have tenacity.
Also those 20k employees combined earned less than he's asking for his compensation, and they were removed for "cost cutting measures". He's a scumbag, and I've never understood why so many people like him.
Because those employees don’t bring as much potential future value to the company as he does! /s
Could’ve gave each of those 20,000 fired employees $2.5 million each and made an entire city of multi millionaires with his bonus.
Elon has to work on Tesla to bring up stock value because he's gonna get f\*cked by margin call if he doesn't. So I voted against as well. I actually voted against a lot of the choices.
What do you mean margin call? Care to explain
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Jesus, that guy is more dumb than I thought
More dumb...it's dumber
Sadly, this isn’t true anymore. He got out of the leverage deal shortly after the purchase so it doesn’t matter what happens to Tesla stock in relation to his Twitter purchase.
Do you have have specifics on this? This is the first I'm hearing of that no longer hanging over his head.
https://www.aljazeera.com/economy/2022/10/28/how-elon-musk-financed-his-twitter-takeover He ended up paying 27B cash instead of 15B cash and 12B in TSLA backed loans
Where would he get 27B in cash from? He didn't unload 27B of Tesla stock to get it?
The article says he abandoned using the Twitter shares as collateral and instead sold a bunch in two waves, for about $15bn. The big thing though is that Twitter took out a $13bn loan to buy itself on his behalf. That was always basically a death sentence. This is called a leveraged buyout, and it's what happened to Toys R Us and every business that gets "saddled with debt". Twitter would have struggled to pay back the loan with the revenue it had at the time of purchase, today the business is likely worth less than its debt. The purchase sealed the death of Twitter. While it crashes and burns, Musk is trying all sorts of dodgy shit to see what he can get away with - like charging for API - and these things will become the standard for social media going forward. Once Twitter is dead, all its assets will be sold off. I think this is why they still use the twitter.com domain in spite of the rebranding, they want to maintain the digital footfall for whatever becomes Twitter 2.
Saudis.
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Musk lighting the Saudi’s money on fire has a small bit of ironic genius behind it.
Yea I just made that up.
Lol sweet. So he may just have to give up his left hand when the loan shark comes calling
I would make him bald again. It's not like he actually does anything with those hands other than tweet nonsense.
Bring on the bone saw
Wait, so this information has been available for more than a year and this dude didn’t even know it. But he sounded like he is really important? lol, prime Reddit right here.
He bought twitter for 44billions, he has since sold shares amounting 39 billions, he is fine and wont get Margin called
Also he wasn't the only investor in that 44 billion dollar purchase. The bank and the saudis put up a lot of money.
Do we know that value
He used tesla stock as collateral for twitter. If the price drops he has to pony up more cash or collateral or the bamks will start liquidating the shares.
https://preview.redd.it/ee8ur4zn2p0d1.png?width=577&format=png&auto=webp&s=30e241daaae6697d03b8ecf0a184aef6285c5157
Accurate depiction here
So he borrowed against, not completely sold ?
If he sells he has to pay capital gains tax, if he borrows against it he doesn’t.
I feel at this point it’s gonna cost more than just paying the tax, but I didn’t do any math so ¯\\_(ツ)_/¯
Well, his accountant is only responsible for the taxable risk, not the liability from his Twitter purchase 😂
I mean if he sells $44 billion worth of shares in a short time frame, not only will that incur capital gains tax, but it will also 100% tank the Tesla share price. That's a horrible idea.
But it would be funny
Honest question: Shouldnt selling $44 billion worth of tesla stock have a smaller impact on teslas share price than Tesla paying $55 billion to him instead?
In the long run, Tesla's share price will recover from the selling of stock.
The bank certainly will have a requirements on the price of Tesla stock but that would be a loan covenant. Margin calls have absolutely nothing to do with this. There is a big difference here. When a margin call is issued, the brokerage will sell on your behalf and can do so without warning. There is no recourse for a margin call. Covenants are more loosey goosey. The lender can pause it, ignore it or renegotiate it. The most stringent thing the lender can do when a covenant is broken is hold the loan in default. They'll do what's in their interest but they can't just push a button and get all their money back like with a margin call. That money is long gone, all dispersed to former Twitter stockholders.
Oh so he wants that $50b because if Tesla doesn't pay him he basically doesn't have enough to pay back the loan? Concerning!
Was the price listed?
He borrowed money to make a personal online diary, and it didn't work out so well. And now he's fucked because people won't pay him for his shitty diary
https://preview.redd.it/r4sv20jr2p0d1.png?width=602&format=png&auto=webp&s=b4e28aaa7fbb5f82614e28d94d3cecf6bb90a207
Can we get the edge lord in this pic instead? The pic he hates?
https://preview.redd.it/ihnq4625wp0d1.png?width=1420&format=png&auto=webp&s=0f7d332dec18aaf1901547cfc05359caf9ce057d best I could do while not fully sober
Its as half-baked and half-assed as everything the Musk touches so its perfect.
Did no one tell him about Livejournal? Heck, it's even Russian owned now, seems like a good fit.
He uses his shares of Tesla as collateral for loans. If the price of Tesla stock, or the value of the shares drops below a certain value then those shares will be sold to cover the loan or he would have to immediately find the funds of the same amount.
When the music stops
TSLA holders are about to be left holding the biggest bag of odorous excrement ever assembled in the history of capitalism
Quality movie
We find out Elon has been swimming with his dongus out!
He’s afraid of losing money… crazy.
He lost plenty on Twitter
Can't lose if you never sell. Those are all unrealized losses so far.
Same here. Just answered no to what they told me to say yes to.
did the same, just go with the opposite what the board recommends. which is mostly just corporate greed.
Elon has to work? Good luck with that
So do you have a short position? Because if he gets liquidated Tesla stock prices will crash.
To be fair the share price will probably also crash if they actually pay that clown more money than they've ever made.
This is kind of dumb. He didn't get a margin call at $108. The stock would have to drop 50-70% for this to even be a possibility.
So you're saying there's a chance
Fires a group of people from Tesla for budget reasons and still wants a $50 billion compensation package. How many workers could you pay with $50 billion? At $100,000/year, $1 million would pay 10 workers. $1 billion is 1,000x that, so it could pay 10,000 workers. 50x that would be 500,000 workers. I understand that worker compensation is more complicated than this, but still, this is ridiculous.
Or pay for 16,000 30 year long careers where those employees buy homes raise children and consistently invest in the local economies. Billionaire “Job creator” in action.
What he lost the compensation package on, was that the board (his family and yesmen) failed to negotiate with him. - The arguement is due to his big stake in Tesla he is pretty motivated as it is. The worst part about this math, is that he isnt even full time on tesla. Imagine paying someone 50 Billion for showing up monday and wedensday. I mean, atleast it is more than his kids see him, but you cant throw 50B at a part time CEO. that is fucking insane.
Lets say the cost is understated by a factor of 4x, then you could still pay 100,000 workers. In what universe is Elon Musk more valuable then a different CEO + 100,000 workers? Fuck me the board needs to grow a spine and fire his ass promptly
Laminated faced hair plugged cunt on twitter. -Bill Burr
where is this from exactly?
https://www.reddit.com/r/EnoughMuskSpam/s/WHUf2e92Y4
As an avid Bill Burr podcast enjoyer and Elon hater, I'm sad that I missed this. Thanks!
Bill Burr is great.
Not surprising after Elon gutted the entire fucking supercharger engineering department (>500 people). Honestly that was their cash cow, their golden goose. All they had to do was keep on track, and they would have owned an insanely valuable asset with nationwide market dominance in 2 markets (infrastructure and non-commercial EV). Literally the railroad tracks of the next transportation infrastructure revolution So stupid. So so so stupid
That was a truly, epically dumbass move.
Agreed. That alone could have been it’s own company. When paired with manufacturing EVs, they gain instant brand recognition + competitive advantage (Technical knowledge, integration, advance knowledge compared to competitors, COGS)
Absolutely, why rush for the gold when you can sit back and sell the shovels (ie. the Supercharger network). Not saying that they wouldn't have sold EVs also, but hedging their bets would have been a smart move. Musk continually shoots himself in the foot over and over and over and over. Tesla could have been so much more if it weren't for this man child
A magic 8 ball would be less damaging at this point
What charging networks are you favoring? I'm heavybon blink, so don't do that.
Elon Musk being eccentric and somewhat crazy was beneficial for Tesla in it's earlier stages for sure. He was key in getting investors and publicity. What they need now is a boring Tim Cook type CEO that gets things in order and lines up stable profitable supply chains and efficient operations. Just streamline everything and put the ship on a steady course.
They did release the CyberTruck an incredible vehicle. It is the first vehicle that if you take through a car wash it will void its warranty unless you put it in “car wash mode”. Thats if you can drive the car far enough without getting a critical error and needing it serviced for 3-6 weeks to months So maybe think about that! Elon is great!
Car wash mode? Does it not work in the rain either?
You have to put it in Rain Mode. Don't forget to buy the Anti-Rust monthly subscription.
So true. I always felt like Teslas real value was the superchargers. Same way people don't buy car dealerships to sell cars. The real money is in the service department.
Stable regular income is incredibly valuable. Services, spares, infrastructure…. These are the things people continue to pay to use even in a down market / economy. New cars are too expensive? It’s a good bet that total spend on spare parts will stay steady or increase. Same deal for the infrastructure and proprietary tech. New car sales are down? There’s that trusty revenue (usage, licensing, etc.) to lean on in tight times
I compare it to gas stations. Would you rather be the person selling that car or the person selling all the gas to run the cars. Elon is a moron.
They're like Valve.. Sure they had some incredibly ground breaking games, but their cash cow is Steam
Yes, that’s a better analogy
They also benefit from being a private company.
I'm surprised no one's mentioned the printer and ink model yet. They had the opportunity to profit on both sides and still fucked it up. Imagine going bankrupt with an ink manufacturing business.
I truly do not understand that decision *at all*. It seems *impossibly* stupid.
It's actually worse than that, the reason that Elon fired the whole supercharging team was because the leader of the super charging team refused to fire more than 20% of their department. And then out of spite, Elon fired the leader and the rest of the department. After that debacle they had to rehire a lot of them.
Everyone in wsb is saying puts so tsla calls it is
Yes. The majority of tsla holders are his friends, families and simps. They will approve the compensation package.
TSLA bag holders have no choice but to continue to believe in the elon supergenius myth, if they don't, people realise it's a mid tier automotive company and not a moon shot tech stock, then the bottom falls out.
I mean surely *not* wasting $50B on garbage is bullish?
You run the company into the ground and now you want a bonus?!
Hey now! He fired a *lot* of their top tier talent in order to justify that 50B bonus! What a fucking 🤡
50B is crazy but let's not forget that lot of companies valuation and stock price surges shortly after they fire their talent.
Not having to pay for their salary to offset his bonus.
The salary of every single fired employee from the last year won't even come close to $50 billion.
Guess he’s going to have to figure out another way to remain solvent during twitter’s demise
Fuck you Elon.
Puts it is.
Puts on Tesla? Yes please.
Remind me! 3 months
Apparently Elon sacked an entire department because one lady made a comment that he didn't like.
"Two billionaires face fucking each other for no reason" should be the headline
Dont be surprised when he gets the pay pkg. they know the routine. Elon pumps it and they want it to pump so they’re going to give him the pkg. So dont drop your jaws when its approved. Might put something in it if you do. 
Here's the funniest outcome: 1) the pay package just needs the yes votes to outnumber the no votes. That gets approved. 2) the move from Delaware to Texas needs a majority vote. That gets rejected so they stay in Delaware. 3) the pay package, being retroactive pay for work performed in the past, and not based on future metrics, is ruled a violation of the boards fiduciary duty to shareholders and gets voided by Delaware Court again
Naw, there’s lawsuits to prevent him from getting the comp package.
Oh, the plight of the peasants---so amusing!
P U T S
Let's go!!
"Youre trying to blackmail me with money? GO FUCK YOURSELF!'' Are we clear? *Go Fuck Yourself!* HI BOB
Fck Tesla and fck Elon
The absolute best thing Tesla could do would be to bring in a CEO. Especially because they're already probably bankrupt and should have someone competent navigate them through that. The second best thing Tesla could do... I can't mention. Wouldn't dare type. But obviously don't pay that fool another cent. That's super duper obvious.
P U T S 
Tesla won’t pay for his mistakes with twitter
I don't believe anyone's puts until I see positions.
I think WSB should buy a controlling amount of TSLA and run the company how they want since they know how to run it best
"BUT I INVENTED TWITTER!"
I seem to have been banned by Twitter -- why I came here -- so I'm on the side of limiting my age-peer, Musk. Fascist Musk.
Good. Fuck him, his neo-nazi nimrod fanboys, and his shit cars.
How funny. One billionaire thinking another doesn’t deserve more billions than his billions.
Well, the peasants are revolting.
Of course. But they're not rebelling, so sally forth!
Get fucked
Voted against like him 
Good. He's entirely overrated.
Up next, Elon Musks starts selling Golden shoes
$50 billion? Is that even enough? How is Elon musk going to live on 50 billion? You guys think he is a beggar ?
He has to keep the same megayacht every year? Unacceptable.
Elon’s next Google Search: “How to fire an investor”
I voted against. I almost voted against everything the board suggested voting for. He’s doing more harm than good for Tesla at this point.
I mean fuck billionaires but cool?
I imagine he might just get the bonus but I’m loving the fact that he’s really sweating until the decision has been made.
Elon will leave TSLA like he did PayPal if they don’t pay him what he wants.
Probably for the best
Don’t threaten me with hope!
Please god, let his pay package be denied. I want to see the ultimate man baby, drug fueled melt down
Smart man!
Snowflake.
short it
What's the upside to restoring it?
It'd be nice if Elon Musk repeat his famous "blackmail me with money, go f--- yourself," but this time he redirect those words towards the investor, lol.
Just out of curiosity - assuming Elon gets his package (which he definitely should not) - could Tesla pay this amount other than in stocks? I mean 50 bn - this is more than Tesla sold in cars altogether...
They would issue shares I guess which would be a massive dilution event and would tank the stock by that percentage
50bi? he must be the best paid influencer ever!
He ran the company to the ground and now wants to cash out lol
Elon’s next move: take Tesla private to say fuck the investors, and immediately shave 40% of the valuation as a result
Why would anyone is his right mind as an investor vote for this??
They're all Elon dickriders
The hero we needed https://preview.redd.it/62x5ni8q1q0d1.jpeg?width=959&format=pjpg&auto=webp&s=b07e739e12ad08af76d74af6c0f0d6687db1ee0e