pretty funny to see Green Light go up in flames while Einhorn continues to predict (and lose $ betting on) the demise of Tesla. Einhorn’s Greenlight Hit by Investor Redemptions
@MakeUSGreat Welcome to the forum! What makes you see a 250 price after ER? Curious as you seem new around here, love to understand your viewpoint....
Now that this thread is active. The pilot who stalks Elon’s and Garcias’ flights gets his own flight tracked and doxxed himself whowearsshortshorts on Twitter whowearsshortshorts on Twitter Machine Planet on Twitter Machine Planet on Twitter
prob about time to bring this thread back to life considering the tsunami of hurt we just experienced. we should document in one place the corrupt media and wall street behavior we just witnessed
So what was his salary and other compensation in 2018? Don't just say "no, they're wrong" without adding something to the conversation. Sounds a lot like a Trump tweet.
$0. He was given California minimum wage which he refused to take. He was also given conditional grants of stock which only vest if the TSLA stock price hits >$600. What precisely is that worth right now? Well, you could look at the publicly traded options chains. It's worth nothing. If he manages to make the company stock price boom, then he gets paid billions of dollars. But he hasn't done so so he hasn't gotten paid yet.
He was paid minimum wage per California law but donated all to charities. Otherwise zero compensation or stock option for 2018.
@neroden , it would appear, that (assuming) the options grant was made when the stock was around $300, then Elon would cause the market cap to swell an additional $60 Billion. If that is valued at 2.8 B, and it involves going through hell, on autopilot, forwards, and then backwards, with a blindfold on, while working 80-hour weeks... I'm going to say, that seems a worthy payment for producing some $57.2 B to all the current stockholders.
The particular significance of this is the payment is 100% dependent on his performance for shareholders and 0% on time served. Most other companies are doing exactly the opposite. That was exactly what the Tesla compensation was set to correct but none of those articles mentioned that. Those anti-Tesla, anti-Elon bias had just reached a new high. BTW the last compensation package Elon got had the target, among other things, of Tesla's market cap tp reach and stay above $30 billion for at least six months. It was set when Tesla's market cap was around $3 billion. People thought that was a joke but eventually Elon met the goal.
Background of Tesla from SEC filings can be easily found see below: Thousands of employees, Multiple factories, Billions in materials and products. SEC 10K forms for annual reports SEC Filings | Tesla, Inc. All SEC filings SEC Filings | Tesla, Inc. For most of Elon Musk compensation I found these two documents: Tesla Announces New Long-Term Performance Award for Elon Musk | Tesla, Inc. SEC Filing | Tesla, Inc. side note: ir is for investor relations part of tesla web-site ir.tesla.com
The equity awards require: 1) Meeting market cap milestones AND Either: 2A) Meeting revenue milestones OR 2B) meeting EBITDA milestones. Not meeting the mkt cap milestones alone means comp = zero. Ignorant news reporters, and either ignorant or misleading TSLAQ are trying to make something of the SEC required Monte Carlo simulation valuation attributed to the grants as if that were cash in the pocket and utterly ignore the conditionality of it.
APPLE and Tim Cook is regretting at Tesla breakout and not taking it out when it was down. This Youtuber said it best!