this post was submitted on 20 Aug 2024
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[Dormant] Electric Vehicles
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Nah, genius move. Here’s a few billion dollars bonus of our shrinking profits from the next decade or so, so you don’t lose motivation. - half brain dead Tesla board.
The government should cut out their subsidy for Tesla EVs to the tune of the pay increase. Send a message to greedy CEOs to not steal government subsidies for themselves.
Also send a message to the corrupt majority shareholders who voted yes to an absurd pay package. You can bet they get a private call before any major Tesla announcements to get ahead thanks to those votes.
He’d lose all his performance bonuses from the sales cut and the shareholders would want him gone asap.
The board suggested a vote in favor but it's the investors who voted in the end
A lot of people who would have voted no just sold their stock instead.