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107

Tesla proposes new pay package for Elon Musk worth up to $1T (techcrunch.com)

submitted 1 day ago by technocrit@lemmy.dbzer0.com to c/fuck_ai@lemmy.world

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Casino economy based on griftonomics

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[–] phoenixz@lemmy.ca 13 points 23 hours ago (1 children)

The company has tied the compensation to a number of benchmarks, one of which involves increasing Tesla’s overall valuation from around $1 trillion to more than $8 trillion

So the directive is clear: Take the company that is valued well over 10 times it's actual value, and make it a 100 times overvalued!

Still on the prediction that Elmo will be bankrupt within 3 years

[–] hector@lemmy.today 3 points 20 hours ago

Tesla is already 100 times overvalued at a minimum, this would be 800 times. Their intrinsic value is not more than 10 billion, and that is before Elon alienated half of the West with his Nazi bullshit and government actions.