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Rough:
12% grant plus current 21% is 33%, correction (rough) for dilution : 33%/112% * 650 billion = 192 billion.
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Brando
Active Member
I thought our stock market far, far out performed inflation. colour me confused
You want inflation subtracted from Elon's package??
First part is joke. Current valuation + 585B + Incentive dilution = 650B and Elon gets all the monies.
Second part of target is related to the fiscal targets, if money is worth 25% less, the targets are less effective money/ easier to achieve. Although the compensation itself would then be de-rated, so as it is seems reasonable.
Brando
Active Member
With GS it is a business model. And if business goes bad, the Feds. bail them out.
CNBC - Phil LeBeau - 20 minutes ago: Tesla unveils pay plan for CEO Elon Musk
swaltner
Active Member
Upstream, Mitch said Elon currently holds 22% of the stock. The full payout of the plan would be an additional 12%.
Take those two numbers and add in a little dilution and he could be at something like 30%. The target market cap is $650 Billion, so that would put his TSLA worth something around $195 Billion. Of course, he wouldn't immediately be able to spend all that money on buying rockets to Mars since it would be "tied up" in TSLA stock.
It's fun to dream. "If I had $195 Billion, I would ..."
Yeah, I miscopied from the calculator in my post above 33%/112%*650 = 192 Billion.
CNBC - 50 minutes ago: Tesla CEO Elon Musk's pay is a 'great American story': Heritage Foundation's David Kreutzer
Note: Betsy Atkins is a Volvo board member.
Note: Betsy Atkins is a Volvo board member.
At this point the targets are so hypothetical, I would worry more about the ramp of model3.
It isn't a straight 12% is it? It is 1% of the current outstanding shares each time. So as outstanding shares increase so does his 1% compared against current outstanding shares. (Probably doesn't make a huge difference unless Tesla issues more stock.)
swaltner
Active Member
Who knows. Here's what the document from Tesla said.I interpreted "current" as fixed point in time when the document was written. I suppose it could be meaning current as of when the shares vest. Either way, it's a lot of money, and probably doesn't adjust the amount of compensation a whole lot in the grand scheme of things. It's a ton of money either way.
RobStark
Well-Known Member
Study shows rise in U.S. vehicle ownership per person, household
Ownership rates for cars and light trucks have touched their highest levels since 2008 and 2009, according to a report from the University of Michigan Transportation Research Institute.
Ownership rates for cars and light trucks have touched their highest levels since 2008 and 2009, according to a report from the University of Michigan Transportation Research Institute.
Electrek - today:
Tesla updates Elon Musk’s CEO compensation plan with aim to become one of the biggest companies in the world
Tesla starts Model 3 customer deliveries on the East Coast
Tesla’s giant battery in Australia made around $1 million in just a few days
Tesla reiterates commitment to expanding solar product manufacturing in the US after new tariffs
Tesla updates Elon Musk’s CEO compensation plan with aim to become one of the biggest companies in the world
Tesla starts Model 3 customer deliveries on the East Coast
Tesla’s giant battery in Australia made around $1 million in just a few days
Tesla reiterates commitment to expanding solar product manufacturing in the US after new tariffs
teddytoons
Member
I'm a Creationist Christian and I think the opposite of your friend. (Not all of us Creationists are created equal..
)However, I share your frustration. It gets my cackles up to see bolt outsell Model 3, but, it won't last for long and I must wait for the victory that's coming. First and foremost, GM may be able to pump out cars by the millions but, they are held back by their battery supplier. Next, no Supercharger Infrastructure. I don't care how much money they have, they'll never be able to catch up to Tesla's Supercharger network on any level.
NYU Prof. Melissa Schilling: Elon Musk’s pay deal is his latest high-risk, high-ideals move
sundaymorning
Active Member
The 12 aspirational goals stated in Elon’s package is likely conservative, ensuring that he will get paid as they are attainable goals. At this rate, those goals may be achievable within 8 years, ironically making it the first time Tesla will be actually early for once. In the end the numbers just have to make sense for him, and it likely will pay us shareholders handsomely.
If Elon’s goals were $1 trillion within 10 years, it’ll be a lot more representative of this forum’s estimates, but may take another 4-6 years, deeming it an unacheivable goal within the 10 year time frame. For some reason, staying in this stock 10 years seems more realistic than say 14-16 years. I want to enjoy my investment before I’m damnit.
PS: it’s definitely a steep price to pay, but again CEOs like Elon only comes around once in a lifetime. I’ve realized it now that Musk is a brand, buyers sometimes will associate Tesla with Musk, his name alone is worth $70 B in advertisement for the next 10 years . By the time Musk passes, his name will be remembered in the same manner as Einstein, or even more popular.
If Elon’s goals were $1 trillion within 10 years, it’ll be a lot more representative of this forum’s estimates, but may take another 4-6 years, deeming it an unacheivable goal within the 10 year time frame. For some reason, staying in this stock 10 years seems more realistic than say 14-16 years. I want to enjoy my investment before I’m damnit.
PS: it’s definitely a steep price to pay, but again CEOs like Elon only comes around once in a lifetime. I’ve realized it now that Musk is a brand, buyers sometimes will associate Tesla with Musk, his name alone is worth $70 B in advertisement for the next 10 years . By the time Musk passes, his name will be remembered in the same manner as Einstein, or even more popular.
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Waiting4M3
Active Member
They sure miss a lot of small goals, but one of Tesla's big goal was to make 500K cars in 2020 but later revised in 2016 after M3 reservation #s, they might just be early on that 2020 target. I think big picture-wise, Tesla is exactly on target.
sub
Active Member
I'm a Creationist Christian and I think the opposite of your friend. (Not all of us Creationists are created equal..
However, I share your frustration. It gets my cackles up to see bolt outsell Model 3, but, it won't last for long and I must wait for the victory that's coming. First and foremost, GM may be able to pump out cars by the millions but, they are held back by their battery supplier. Next, no Supercharger Infrastructure. I don't care how much money they have, they'll never be able to catch up to Tesla's Supercharger network on any level.
You are a minority I'm sure as far as being pro EV with those beliefs. I however would still argue that facts and logic are maybe not your strength, but like I said I try not to argue that stuff anymore, especially on the net!
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