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Elon Musk vs. Short sellers

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pretty funny to see Green Light go up in flames while Einhorn continues to predict (and lose $ betting on) the demise of Tesla.

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Einhorn’s Greenlight Hit by Investor Redemptions
 
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.
 
@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.
 
@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.
 
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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.