I'm casting 7,432 votes against Elon's comp plan. Why?
1.) Tesla financials/market value no longer match the comp plan metrics.
2.) Elon is a part time CEO and both he and his bro have sold off stock in an amount almost equal to the comp plan.
3.) Elon has since steered TSLA to an over 60% dump since he sold off an amount equal to the comp plan.
3. Kimbal is up for re-election. Even if you believe that Kimbal is qualified, this isn't pono.
3.) 'Tesla AI Day" "Tesla Battery Day". Lot's of hype to get investors excited to buy more stock. And it worked. Yet most of the content in these talks that were to be achieved by now are still unknown when they will be achieved.
Robotaxis by end of 2020?
$30k profit/year per Tesla owned?
$200k npv per Tesla?
100 GWh of 4680/year?
Semis in 2020?
4.) The judge may have very well overstepped her bounds in rescinding the comp plan, but given a second chance, no way can a rational person decide the CEO deserves $56B. The BOD has cashed out billions, the CEO hyped the company leading up to his $40B cash out, and hasn't given one care to the over $700B shareholder.
5.) I'm not as skeptical and I am more suseptical to fantasical claims than I thought.
6.) I once had "ELON" on my license plate, but let it expire in 2021 bc Elon was showing that he wasn't the person I thought he was. I wish I would have also lost faith in the company and sold out at that time too.