-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
From the Filing (regarding growth by acquisition): Page 13
“Market Capitalization and Operational Milestone Adjustments. In the event that Tesla acquires a business with a purchase price of more than $1 billion, any then-unachieved Market Capitalization Milestones will be increased by the purchase price of such acquisition. Similarly, if the target of an acquisition transaction has revenue or adjusted EBITDA (based on cumulative four consecutive quarters prior to the transaction) of more than $500 million and $100 million, respectively, the then-unachieved Revenue or Adjusted EBITDA Milestones (as applicable) will be increased by such Target’s revenue or adjusted EBITDA (as applicable). This feature of the CEO Performance Award is intended to prevent achievement of milestones based on acquisition activity that could be considered material to the achievement of those milestones.”
MOD INTERVENTION:
Slippery ice out there. Some of you went off the rails. Most of the mess has been extracted and sent off to the junkyard.
Nice and slow, now. Monday morning's on its way, and the next several days are going to be interesting. I'm sure you wouldn't want to miss out on it all.
Right?
Slippery ice out there. Some of you went off the rails. Most of the mess has been extracted and sent off to the junkyard.
Nice and slow, now. Monday morning's on its way, and the next several days are going to be interesting. I'm sure you wouldn't want to miss out on it all.
Right?
Mike Smith
Active Member
Last edited:
RobStark
Well-Known Member
"Santiago-based Sociedad Química y Minera de Chile (SQM) is one of the world’s lowest-cost producers of lithium. This month, the company resolved a long-running dispute with Corfo, which will allow the miner to quadruple lithium production by 2026."
SQM is affiliated with right wing parties in Chile and was prevented from expanding operations by a center-left government, supposedly on environmental grounds. But other lithium mining companies were not prevented from expanding.
Now, with a Chilean center-right government elected recently it seems full speed ahead for SQM. But what happens in four years if the center-left comes back to power?
I can already see articles in the Guardian talking about how Tesla and Elon Musk are in bed with Pinochet loving Chilean Fascist.
If that last line in the article is true, Wozniak must feel very bitter about Tesla. Not a objective point of view anymore, unfortunately from a person who gets a lot of press airtime.
sundaymorning
Active Member
Gerardf
Active Member
It is not shares he gets, but stock options, the right to buy these shares in the future at current price fixed at $350,— each.
So if he reaches the marcap milestones using dilution instead of higher share price, he gains much less.
In the exteme example that he dilutes so much that the shareprice is still 350 when mapcap reaches 100B, he has earned nothing.
(Well, nothing other than the right to buy shares at the same 350 shareprice at that moment, but we all have that right
)When increasing market cap by increasing share price, he earns on the value of the stock options as well as on the value increase of his current 30M shares.
Its even worse... today a report came out that they tested Nx fumes even at humans.
Stickstoffdioxid-Experiment: Autoforscher sollen auch an Menschen Abgase getestet haben - SPIEGEL ONLINE - Wirtschaft
Gerardf
Active Member
Well, these experiments on humans continue.. Worldwide .. every second of the day, on every road in the world.
Unfortunately I have already seen the outcome of that ' experiment' in my family.
mutle
Member
Unfortunately this has been his main motivation over the last decade or so. As a long time AAPL long, I have been hearing him comment occasionally and it's almost always wrong. He is a great genius when it comes to building Computers with technology of the 70s and 80s, but hasn't kept up and mostly seems to be complaining about things and seeming bitter. It could be that he knows this will create a lot more press coverage, or he really is like that. Basically all businesses he has been involved with since Apple have failed.
No indication of why/how this happened and what speeds were involved. If the impact was <30mph into that pole then I would expect no cabin damage. More amazing is 65mph into the back of a stationary fire truck and the occupants are unhurt. .
First monkey, now also humans. The German car industry is working hard on PR desasters.
VW under fire for diesel tests on monkeys, humans
(didn't read the article, it's just about the headlines anyway)
VW under fire for diesel tests on monkeys, humans
(didn't read the article, it's just about the headlines anyway)
It is not shares he gets, but stock options, the right to buy these shares in the future at current price fixed at $350,— each.
So if he reaches the marcap milestones using dilution instead of higher share price, he gains much less.
In the exteme example that he dilutes so much that the shareprice is still 350 when mapcap reaches 100B, he has earned nothing.
(Well, nothing other than the right to buy shares at the same 350 shareprice at that moment, but we all have that right
When increasing market cap by increasing share price, he earns on the value of the stock options as well as on the value increase of his current 30M shares.
We are in agreement. And your post mirrors my understandung of the set up. Good catch that @jhm could also be confusing shares (full market value) vs options (differential market value from Jan 19).
My post
was specifically to correct the statement:
Probably should have pared the quote down vs the full reply to the post (which was later moved to another thread) since I only addressed one part.
jhm
Well-Known Member
Locking 10 monkeys in an airtight room while hooked up to the exhaust of a VW TDI Beetle. I am already fed up with VW after going through the TDI debacle with them. If this is true, I hope it costs them dearly.
DurandalAI
Member
Wozniak hasn’t done anything of note in quite a long time. It’s akin to having Bob Lutz comment on things. Once upon a time they did cool things, but they don’t any more.
- Status
Similar threads
- Locked
- Article
