Big brother Tesla

[Psamathe]

Tesla reports steep drop in profits despite US rush to buy electric vehicles
A rush to buy electric vehicles before a US tax credit for them disappears had boosted Tesla’s flagging sales, leading to the automaker exceeding some of Wall Street’s projections in its most recent financial quarter. Yet the company failed to meet earnings expectations and its stock fell in after-hours trading.

And given that "...before a US tax credit for them disappears had boosted" means that boost will soon disappear, outlook looking even worse.

 

[Pblakeney]

Is this a sign that Tesla is about to boom, or is Musk cashing in while he can? I guess the latter.

Company Enterprise value, $1.45T. Musk salary request, $1T. Company revenue $96B.
Those figures just don't make sense to me. Just as well I had no inclination to be an accountant.

 

[Psamathe]

Is this a sign that Tesla is about to boom, or is Musk cashing in while he can? I guess the latter.

Company Enterprise value, $1.45T. Musk salary request, $1T. Company revenue $96B.
Those figures just don't make sense to me. Just as well I had no inclination to be an accountant.

Norway doesn't think it makes any sense anyway (or at least their sovereign wealth fund)

Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund
Norway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon Musk.

The fund, which is the biggest national wealth fund in the world, said that while it appreciated the “the significant value created under Mr Musk’s visionary role” it would vote against his performance award.

“We are concerned about the total size of the award, dilution and lack of mitigation of key person risk – consistent with our views on executive compensation,” it said. “We will continue to seek constructive dialogue with Tesla on this and other topics.”

 

[CXRAndy]

If he grows the company from $1tn to $8.5tn in 10 years

I would have thought the pay package through share allocation seems fair.