Tesla Shareholders Pitch $56 Billion Pay Package for Elon Musk | Vantage with Palki Sharma
Tesla Shareholders Pitch $56 Billion Pay Package for Elon Musk | Vantage with Palki Sharma
Tesla shareholders have proposed a vote to approve a massive $56 billion pay package for the company's CEO Elon Musk. Though Musk does not draw a salary for his work as CEO, he owns around 20% of the company. In 2018, shareholders had proposed a pay deal which would see Musk receive around 1% of Tesla shares every time he achieved a financial or operational target. The 2018 deal works out to around $56 billion over several years. A US court had blocked this deal after a few shareholders opposed the deal, but the proposal is now back on the table. Is Elon Musk worth $56 billion to Tesla? Why are CEOs paid so much amid recession fears and layoffs? Palki Sharma tells you.
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Elon Musk | Tesla | Shareholders | Pay Package | US | Firstpost | World News | Vantage | Palki Sharma
#elonmusk #tesla #shareholders #paypackage #us #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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Пікірлер: 617
If he met the targets... he should be paid!!!!
@kellymoses8566
Ай бұрын
Tesla 2018 - 2022 (timespan of the comp plan): Revenues: $191.4 Billion Gross profit: $45.2 Billion Net income: $17.9 Billion
@adventurousmovie4872
Ай бұрын
Simply yes
@Cooki3man
Ай бұрын
@kellymoses8566 From what I understand, "Tesla's 10-year pay agreement with Musk reached in 2018 would be worth around $51 billion at Tuesday's closing price for Tesla stock, accounting for the cost to Musk to exercise the options." He hasn't collected any form of salary since Tesla's inception, targets worth a specified amount in stock options were set. In this case a 10-year target, agreed to by the board (that seemingly represent the shareholders). The man met those targets, so he should be paid what he is due. How much influence he had on the board to approve such massive payday is a story we can't tell. They could go to court and prove he influenced/dictated this payday (which is fraudulent) but until then, he should be paid because the company agreed to pay if he reached those goals as the driver of the Tesla train. Which he did!!!i
@aayushdesai813
Ай бұрын
Yes
@chan400
Ай бұрын
👍
This goes to the core values of our society. A man who built a brand from scratch worked passionately for 10 years and now when it's time for him to receive his due these people have a problem with it. If this contract is breached then no contract is valid and what is the meaning of having contracts anyway. But as an Indian, I can relate to this. Here also we don't get paid based on our performance. Whenever we exceed expectations, the bosses somehow find a way to pay less. Perhaps this sentiment is driving these people.
@ccvideos7073
Ай бұрын
Perfect said.
@FactForge-fl5wk
Ай бұрын
If all the CEOs where like Elon and only paid on performance. Here the judge was unjust in his decision. According to his judgement a owner of the company can work tirelessly but can not be paid because he owns the company.
@gjw2wj469
Ай бұрын
Just follow the rules. Elon musk should be paid 23.01 billion (38 billion - Income tax 30%) as the current stock value is down 35%
@murkyturkey5238
29 күн бұрын
@@gjw2wj469stop copying and pasting your comment😂 nobody wants to hear it from the peanut gallery kid
@vivtorebassey
26 күн бұрын
He didnt build Tesla from scratch point of correction. Tesla was founded by Martin Eberhard and Marc Tarpenning. Musk was the biggest investor at the early stages who yrs down the line forced the founders out. So many tend to forget this part
when the compensation package was announced in 2018 ..... everyone said it was ridicules .... the targets can never be met!
@geelangfordo3272
Ай бұрын
How many of those stock price targets where met via outright lies from Elons mouth. Now the stock has completely cratered and the brands reputation is in tatters.
@vbijala
Ай бұрын
@@geelangfordo3272 Elon himself said , the Stock is too high ..... in 2020 and 2021 but investors did not holdback. however, for now .....i wish the trend continues and the stock goes down to 100/120 range .... it will be an lifetime buying opportunity 🤞
@gjw2wj469
Ай бұрын
No Tesla stock is down so we need to minus 35%
@vbijala
29 күн бұрын
@@gjw2wj469 it did however meet the targets set by Tesla Board! the duration for which the stock price has to stay at certain price. compared to its piers , TSLA did at least 10x better!
@chargymusic695
20 күн бұрын
I bout Tesla because of musk
Elon is Tesla and Tesla is Elon.
@tss4629
Ай бұрын
But Tesla is a public company and stock holders.have a ownership claim in the company now. 😊😊
@tusharshah5713
Ай бұрын
That's why pkg was already approved initially by stock holders
@geelangfordo3272
Ай бұрын
@@tusharshah5713The negotiations where illegal.
@trevorgarrett7602
Ай бұрын
Tesla is Elon, and Elon is Killing Tesla! Elon’s MAGA politics & Mega Ego. are KILLING Tesla & Twitter. 🧠
@am_theman
26 күн бұрын
Elon is Musk and Tesla is Nikola 😅
This is partial information. Only valid statement in the video, "would the company made what it made without musk". Rest of the information is all retrospective. When the pay package was announced, Tesla was valued (if I remember correctly) around 50 - 60 billions USD in 2018. Today's market cap is below his payout criteria. It can argued if the market jump was due to manipulation (jail him if proved guilty). Just because nobody else got this kind of payout structure, doesn't make it illegal. Most of the initial investors in TSLA are Tesla Car Owners(including me), they trusted his vision, sustainability and invested not because they were expecting huge returns. I gained from TSLA (currently I reduced my position to almost nothing). When I saw the pay package numbers in 2018, I thought it's ridiculous. Retrospectively I would have preferred better vesting criteria (may be 10 years) or some portion tied to his post-retirement value.
@mayankmadan7967
Ай бұрын
Rightly said. They also don't know how so many Tesla employees themselves became millionaires because of owning Tesla shares. But stories of evil CEOs sucking blood out of their employees sells so here we are.
@gjw2wj469
Ай бұрын
Just follow the rules. Elon musk should be paid 23.01 billion (38 billion - Income tax 30%) as the current stock value is down 35%
@crysre
16 күн бұрын
@@gjw2wj469 Who said he wouldn't pay tax for his pay ? These journalist and media never shows the truth they'd never say that the amount is before tax
A deal is a deal, he should be paid, period.
@praneethjayasimha5943
Ай бұрын
then tesla stock crash below 100
@ElonHusky
Ай бұрын
@@praneethjayasimha5943 Let it crash
@murkyturkey5238
29 күн бұрын
@@praneethjayasimha5943good
@KNByam
15 күн бұрын
Then the stock will crash.
Make Palki CEO of First Post qnd see her complain about salary
@HasanUrmia-di8fu
Ай бұрын
حسن سلمانی❤❤❤
@GodBlessUrHeart
Ай бұрын
I mean, she owned this channel. She left Wion, cause Wion had become a western like media.
@laglorialafenishmai
Ай бұрын
@@GodBlessUrHeart don't say shits😂, she can't afford that. This venture owned by reliance 😂😂
@NazriB
Ай бұрын
Lies again? App Store AVN SaiGon
@Gopinathk17
Ай бұрын
What you dont know is..she is the Managing Director of this channel. Basically this channel is completely controlled by her though its funded by Reliance.
If Elon Musk met his target, then he should get paid. The agreement says he gets paid based on the performance of the company, so the current performance makes him eligible for $56 billion, then they should pay him his worth.
@gjw2wj469
Ай бұрын
No Tesla stock is down so we need to minus 35%
@blackups__6554
28 күн бұрын
@@gjw2wj469 Just because the stock fell doesn’t mean he did not met his projected target.
@crysre
16 күн бұрын
@@gjw2wj469 See the bigger picture, the 10 year graph, and it is cut down because of the profit falls anyway, the money is counted by percentage not numbers
He's earned it!
@dltn42
25 күн бұрын
Haha Tesla Stock are a joke now 😂
And you did not mention the initial stage of tesla where it was almost went for bankruptcy this guy single handedly save that company and caz of that many workers became millionaire plus he live in a tent like a house !! is it like garnishing bad name to enter to indian market Firstpost has disappoint me first time
@RobinHablani
28 күн бұрын
You saw him living in a tent like a house. We don’t what is true. Maybe that was PR. He is a business man. Tesla was not originally founded by him, but he took the credit. He always does. I hate his ideology. Just my opinion.
@vp5335
28 күн бұрын
@@RobinHablani 😁 invest in a business and take over the same business yourself and try achieving like that man in a small scale at least so that you will feel it 👍
@RobinHablani
23 күн бұрын
@@vp5335 I can understand how difficult it could be. But all it takes is guts
It is his idea and he initially created TESLA with his own money and he is the first successful EV maker in the world. He is capable inject many ideas to the companies which you can fix the price! He created many millionaire owing his stocks - he is deserve to have any amount of incentives and salary.
@Dr.Kay_R
Ай бұрын
Exactly! And he brings revenue into his country, keeps the US ahead in innovation and even if people hate him, he DID GAVE JOB TO HIGH TECH EMPLOYEES. If Americans hate him, they can give us his company 😂
@RedBart
Ай бұрын
Martin Eberhard and Marc Tarpenning were the Co-Founders. Musk was brought on as an early investor after he was fired from Paypal as CEO.
@RM-fe6ye
Ай бұрын
He didn’t create Tesla! Get your facts straight. He invested in Tesla and took over by buying out the two men who owned and created Tesla.
@RM-fe6ye
Ай бұрын
Btw, there are Tesla factories overseas too… 😂 doesn’t bring all the money back to the US.
@rajiblochandikshit6130
Ай бұрын
Bro u lack some crucial knowledge.. Musk isnt a founder of TESLA.. Do some research
Tesla 2018 - 2022 (timespan of the comp plan): Revenues: $191.4 Billion Gross profit: $45.2 Billion Net income: $17.9 Billion
@gjw2wj469
Ай бұрын
No Tesla stock is down so we need to minus 35%
@gjw2wj469
Ай бұрын
Just follow the rules. Elon musk should be paid 23.01 billion (38 billion - Income tax 30%) as the current stock value is down 35%
I'm a little surprised by the opinion shared by Palki in this segment. Elon is the co-founder of the company and took over as Ceo in 2007 (if I remember correctly) when the company was worth next to nothing. He took the company to a market cap of ~60 billion dollars in 2018 when this pay package was announced. Shareholders overwhelmingly voted for this pay package at a time when the entire world was laughing at the targets set for the payout (you are free to look up the articles and media coverage at the time). Now, the company is worth 500 billion and all targets were hit and suddenly it's unfair. Its also disingenuous to report how the stock has done over the past year and not mention how it did since the announcement of the pay package in 2018. Its also important to remember that shareholders are the owners of the company and they have every right to decide how the CEO is compensated. The soliloquy on Ceo pay was nice but unnecessary. At the end of the day it's demand and supply. You want the best person running your company then you have to be willing to pay accordingly. When companies are worth hundreds of billions or even trillions, then leadership is extremely valuable. Every decision is worth hundreds of millions or billions in revenue/profit etc. As a shareholder, ill be voting in favour of Elon's pay package. The man has revolutionized the automobile and space launch industry, even when the rest of the industry "experts" and the wider world was laughing at him.
@fighting5706
Ай бұрын
Totally agree with you, if there is anybody on this planet that must be given money it's Elon.
@ElonHusky
Ай бұрын
Not cofounder he is just an investor original Tesla was designed and developed by other two engineers,on fired then because they don't have enough money to invest
@anthonymason385
Ай бұрын
The majority of shareholders will vote to give Elon his deserved bonus. It was only a corrupt judge who is in the pocket of the communist that stopped it. I'll certainly vote to pay the man the agreed amount.
@kwekswilliams6884
28 күн бұрын
@@ElonHuskycontinue to tickle yourself with wrong info
@ZorroComputers
12 күн бұрын
There will be a day when Tesla shares will be 10 cents. So, sell while you can...
There is no definite formula for how much one should be paid. I think if someone has created new wealth (without destroying another kind of wealth), then that person can be paid any amount.
Elon is Tesla! The value he brought to the investors alone makes the pay package worth it. Remember when Tesla was worth $14 and now it’s at ~$150!
The pay which was AGREED upon
I think what separated this analysis of Palki from the usual rich-bashing was how she qualified her statement with the opposing narrative at the end. Kudos to you for giving a more holistic picture.
1) He did meet the target where nobody believe is possible 2) He is a man of vision (history has shown us that this type of people are usually being targeted as people don't want them to succeed but they will leave behind a history to be remember by our future generation) so he should be paid and encourage to break the limit of mankind It's clear that his news channel is always bias in a lot of times.
Why is this so hard to understand? We shareholders voted for it, he delivered, Tesla owes him.
Talking about whats in U.S. but someone say about Adani Ambani then its become an India insult... Why not consider that as a business point.....😮
What about your channel's salary structure
Worth paying the payment for his productivity and efforts
Unjust, an agreement should be agreement. Here onwards the share holders should be careful instead
He delivered more than he promised. He must be paid.
He created and founded his American dream company. Why shouldn’t he be compensated the way he likes if the majority of shareholders agree? We’re about democracy after all. If anyone doesn’t like that, they should create their own company and call the shots, the way they like
@ashishischad
Ай бұрын
tesla isn't created by musk he just bought it. and laying off workers and getting paid twice wow
They better hold off on that pay deal, looks like a lot of people are very upset to say the least on the cyber truck he dumped on the market before it was ready..
He Should be paid. Noone talking about the risk he has taken. Risk and rewards go hand in hand...
I think i read somewhere that the man doesn't own a house , lives in his research facility and about his sole dedication to his company, what then will he do with 56 billion dollars.
@praneethroymylapalli131
Ай бұрын
That 56 billion is not cash but in the form of Tesla shares. He needs that to have certain control over the board to make huge changes and run the company like a startup and drive innovation in it.
@GavrielNavarropoet
Ай бұрын
He will buy Facebook! 😅
@mayank.9203
Ай бұрын
@@praneethroymylapalli131 i think he has enough shares of his own company and running it like a startup won't make the shareholders any money and hopefully they are aware of that .
@anthonymason385
Ай бұрын
It's really about control of his company. He is worried about the direction of the company, especially the AI. He has zero interest in cash.
Tesla shares value has increased by aprox 4000% since being listed on the exchange. He should be running the world.
Why don’t you guys show the highest tax payment in history that he made $11 billion dollars
@crysre
16 күн бұрын
Journalists never shows the truth they would tell half stories and manipulate people's decision
This news report is nonsense. Why not compare the value of tesla when the deal was done to when the deal came to frustration. Or even what is it worth now? I'm a tesla shareholder, and I think we got a fantastic deal. What's this woman compensation compared to a farm worker in India?
He made a deal, and they all accepted. If so, he should be paid.
When the compensation was announced, it was next to impossible, then everybody agreed because they knew that it cannot be reached, but he proved them wrong. He converted a bankrupt company to a 1 trillion company. And he didn’t take salary till date. Better pay up.
Comparing junior engineers or workers with elon musk is very interesting. Its about demand and supply. Elon is the only one.
@Gopinathk17
Ай бұрын
She didnt make any conclusions, she only exposed whats going on with Tesla.
They had an agreement and he fulfilled the agreement and he needs to be compensated.
What the problem, Musk made a deal with Tesla board, and now they need to pay him. The moment E. Musk would sell all Tesla shares the company will be over...
Shareholders approved it. Period. How can a judge over rule something that has been passed by majority and has been proved to be beneficial to the shareholders to say it otherwise?
Unlike so many other corporate executives who run their companies into the ground, then abandon ship with a lavish golden parachute that REWARDS them for failure, Elon Musk's pay package gave him absolutely nothing unless he DELIVERED on insane performance targets. This was one of the most shareholder-friendly, shareholder-aligned pay packages in corporate history. And he delivered on ALL of those targets. The shareholders benefited hugely. The company benefited hugely. Every other corporate executive alive would have turned down the deal that Musk accepted, because there were no guarantees, no safety net, no nothing. Elon Musk has earned every dollar of his compensation. Pay the man. This is one of the dumbest "controversies" in a very long time.
Definitely if Elon was taking responsibility of companies performance then he should get paid what was promised.
It's reminds my tweet long back. Elon and pichai: "when company does well, it's us. If company does bad, we have more head count."
A deal is a deal, & this pay package was agreed & decided by shareholders long back with majority of votes, and he deserves it, and don't compare ELON with rest of the world CEOS. He is the FACE of the company and his contribution to this world will change the future of humanity. Please check the FSD videos on you tube and see how ground breaking solution it is. He creates his own trail and everyone follows it.
what a biased point of view. no news channel is trust worthy. Why is she comparing tesla stock price performance to last year? she should compare it from 2018 when the pay package was made. And if in 1 quarter BYD sales exceed Tesla, why does it matter? no one will say that Tesla makes more profit on each car than BYD. So much hatred towards Tesla and Elon for no reason. Damn
@geelangfordo3272
Ай бұрын
Ya Elon does nothing to earn public scorn. Lol his fans are a cult divorced from reality.
@Gopinathk17
Ай бұрын
She didnt say he should not be paid. she only said she would like to hear from us 😂
@anthonymason385
Ай бұрын
Agreed. Well said.
What was the stock price when the deal was made and compared to what it is today.
As a shareholder I would definitely vote Yes. We all know what he's doing with the money. The entire world votes yes
bruh, you said they didn’t realised those targets were so easy 😂 I insist everyone to go and look at those 12 goals and where the company was at 2018. You would understand that no other human being on earth could’ve achieved those goals apart from him
It's does make sense ......he is the owner ..inventer ...he puts 18 hours a day the company
What kind of nonsense reporting is this? Sounds like she has a vendetta. Put simply, the deal has to be honored. But for those who don't know why, here's the breakdown: State of Tesla when agreement was made: Tesla Market Cap: 59 billion Musk Salary: 0, gets nothing if Tesla doesn't reach 100 billion - “Production hell”, building cars in a tent in its car park, while making some models without seats or computer modules because of supply chain fumbles - Previous production milestones missed - Just 12 billion in sales - Barely 400 million in profits - Overtaking GM in revenues and Microsoft in valuation seemed unattainable - No one took Tesla seriously, with Bill Gates among others shorting Tesla stock Pay Package Agreement Targets: 16 separate financial targets spread across... - Revenue: 175 billion - Adjusted earnings: 14 billion - Market cap: 650 billion Now pause for a moment and think how difficult, maybe even impossible it might be to take a struggling business from 59 billion to 650 billion. If Tesla failed, Elon Musk's efforts, pain, time and stock would be worth nothing. Reward for Musk if he meets targets: - Roughly 10% STOCK in Tesla - IF he hit 12 of the 16, he would be able to vest shares worth upwards of 50 billion - ie. If he worked so insanely hard to achieve almost unattainable goals he would increase the value of Tesla for all shareholders that were willing to take a risk and bet on him, for which he would get 10% stock. 10% stock that would not be worth as much had he not been part of the equation. What Tesla achieved since the agreement under Musk's leadership: - Increased output - Sales soared - Shares rose past those in Toyota, topping $US1 trillion in overall market value - Model Y became the best-selling car in 2023 - He did it, and no one else in the world could have done it Now look at the hypocrisy: - The plaintiffs making the complaint have increased their net worth significantly because of Musk - The plaintiffs' Attorneys want to be paid in Tesla stock 🙄 Why the agreement should be honored: 1. It's the law 2. It's right 3. Musk exceeded his targets 4. Musk is cash poor and uses funds to invest in projects that move humanity forward, so let him.
@Gopinathk17
Ай бұрын
She didnt say he should not be paid. she only said she would like to hear from us 😂
@anthonymason385
Ай бұрын
I pretty much said this, but you said it a lot better!
@gjw2wj469
Ай бұрын
No Tesla stock is down so we need to minus 35%
@gjw2wj469
Ай бұрын
Just follow the rules. Elon musk should be paid 23.01 billion (38 billion - Income tax 30%) as the current stock value is down 35%
@ph1l1pw
Ай бұрын
@@gjw2wj469this is shortsightedness. You think more money in the hands of Elon is good or bad for Tesla? Does he seem like the kind of person that would willingly hurt Tesla, or the type of person who would use money to make things better?
Talking about U.S and business is okk but when someone say about Adani Ambani then it became India insult... Why not consider thise as well as business point....
@Gopinathk17
Ай бұрын
She didnt say he should not be paid. she only said she would like to hear from us 😂
You are wrong about BYD. It is not the largest EV manufacturer yet, it is largest by all cars only. Tesla still leads, EV-wise. Get facts right, that's the only thing expected of you, unlike others.
I feel this is biased reporting. Back in 2018 tesla condition was horrible. No one thought the company would survive. The pay structure was built around this time. Elon turned it around with his leadership. He deserves his payout if the terms are met.
A few corrections are required. His stock options were set when all of the big players in the market, were saying that the company was a ridiculous pipe dream. It should also be noted that 80 percent of the shareholders voted in favor of his options and incentives package. It should also be noted that Elon himself said that Tesla share value was too high. And the SEC came down on him like a ton of bricks, for stating the truth. Eviserating freedom of speach. Tesla was taken to court by a vulture legal firm, representing one head banging rocker who purchased 9 shares. The firm works on a percentage of what they win. Their legal fees in this case are 6 billion dollars. The Judge should have recused herself, since she had a personal connection with the legal firm. And may receive a portion of the payout under the table.
Did she say the targets were easy? A large part of the compensation was market cap. Tesla would have to be worth 10x the value of when the compensation was originally proposed. Everyone outside of us shareholders who voted yes understood that it was a difficult goal but would return a lot of value to shareholders.
He started the damn company!
@ackeemclarke
Ай бұрын
No he didnt.
@tedt5588
Ай бұрын
@@ackeemclarke then who did? Are you nuts or just ignorant?
What's with this lady's beef with Elon. She's not AOC 😂
@tss4629
Ай бұрын
Thank you for pointing out exhorbant pay package of Elon Musk. CEOs of S&P companies still earn $15 million which is a lot by itself also It also means the Tesla stock price is worth even less than it's current price.
@praneethroymylapalli131
Ай бұрын
but she is still the same communist. You have to understand India is a socialist country for long and we share a border with China.
@Gopinathk17
Ай бұрын
She didnt say he should not be paid. she only said she would like to hear from us 😂
@gjw2wj469
Ай бұрын
No Tesla stock is down so we need to minus 35%
It is unfair to compare the CEO of a company with the workers. Can we compare the skills? Skill does matter! The ordinary worker may not even know the list of skills required to be an CEO of a big corporates. Acquiring those listed skills are for another day of topic.
It makes sense to make his package as high as possible. Atleast he will end up paying tax for his salary.. which is good for the economy atleast..
Yes, it is completely justified. He is the person who saved Tesla when it was about to bankrupt. The figures in the video actually had many underlying factors apart from Musk. He is the only reason the shareholders have Tesla even today and I’m pretty sure that the opposing shareholders have different definitions for “free speech” than Musk’s. And what more to talk about the shareholders who cannot uphold what has been agreed?
Well deserved.
The pay package was voted and approved by shareholders. Any arbitrary opinion like fairness, motivation, or "star struck factor" don't matter.
Can you please make a video of how much a MP or MLA earns vis-a-vis a Normal Voter who is voting to get them to that place. Also please don't forget the perks that come with those positions. And the perks enjoyed by a common man. Thank you.
These comments pertain to logic rather than Elon Musk. If someone received a bonus in the form of shares five years ago, and those shares have increased in value at an astonishing rate over the past five years to the point where they are now ten times more valuable, it raises several moral questions to consider that the recipient is not eligible for the bonus based on the initial valuation from five years ago. Taking back the shares that have increased ninefold and returning only the amount equivalent to their original value poses many ethical dilemmas. For example, suppose someone received Bitcoin as a bonus 20 years ago, and its value has now increased 100,000 times. Should we then take all the Bitcoin and allow the person to keep only what was worth the original value 20 years ago? Both the share and Bitcoin examples involve risk, as the values of these assets could also have decreased. Therefore, the bonus recipients took a risk, and fortunately, it resulted in a positive outcome
That's a plain corruption. Some CEOs steal ideas from other people, even from his own employees. To claim all merits for any progresses made by their companies is just narcissistic.
@gjw2wj469
Ай бұрын
Just follow the rules. Every one should pay the tax. Elon musk should be paid 23.01 billion (38 billion - Income tax 30%) as the current stock value is down 35%
TESLA cars can monitor your every movement and can be stalled while driving? So is BYD much safer when privacy matters
No one seems to be able to answer if FSD cars will be entitled to the autonomous upgrade when it becomes available. Or will it be a separate purchase????
Palki ji, this is easy one 😊. Having effective CEO is very important. We can look at Microsoft performance Vs Google performance. Both companies have amazing engineers so no problem there, but what Microsoft CEO vision is way better than Google CEO. So Elan Musk is Tesla and if he needs extra push to share his vision then so be it.
1: Tesla is back as the top seller (check your facts) 2: without Elon Tesla would not be as successful as it is today In my opinion he's worth every penny, 10yrs ago everyone was betting against Tesla & against all odds Elon has pushed that company to success... I doubt they (shareholders) would see any of this success under the leadership of anyone else at the helm
Wiyh high responsibilities come high rewards, but the issue of layoffs 10% vs pay package deal is out of chronological order
Were the shareholders blind or uneducated or some cases had not enough lawyers with them? They must have knew what they were signing into and also they didn't believe this day may come in the future. Elon Must is someone who revolutionized the EV industry where people laughed hearing EVs. He is worth it and you have to honor what you agreed to. Apple had that experience when Jobs was kicked out.
If he met his target why not pay him rather than finding ways to cheat him? Where were they when he was sleeping on a sofa and working over time? These shows how some people are always trying to rob others pay the brother what he's worth period with love and hugs from Cameroon 🇨🇲🥳
So Palki do you accept your salary as same as your basic employee in first post? If Elon wasn’t there. There would be no Tesla today. Hope you do some good journalism here.
If elon met the target and pay was agreed, he should be paid, doesn't matter what the current situation is.
This kind of content never done by any news channel in india. Great job first post team and palki. Give some advice even News18 hindi news channel
It makes proper sense
Elon is worth much more 🎉🎉 No car is near to past model of Tesla yet
Absolutely he is
I love her as a speaking head. Excellent cadence and elocution.
How much do we pay sports players?? I mean they throw a football or hit baseball! What about artists? If people are willing to pay the prices, then people who profit from the company or team, should get paid! If I remember right, didn't Elon SAVE the company with his OWN money when it went broke??
Palki; not your problem if you’re not a shareholder of Tesla. Don’t be jealous of his success.
He could rebuild Texas with that
A deal is a deal if Tesla did poorly Elon would of made nothing. Pay him as agreed and move on. Judges should have no say in the matter.
Is the person who cleans your office everyday paid proportional to your earnings madam?
If there was no Elon Musk there would be no Tesla .
@dalemsilas8425
Ай бұрын
You have it backwards.
@Gaming_Antics
Ай бұрын
Tesla existed before Elon Musk, he just came in and brought 11% of Tesla with his dad’s blood emerald mine money from Africa to become Tesla CEO, because he is the biggest shareholder at the time.
@dltn42
25 күн бұрын
If there's no workers .. there's no Tesla .. also he bought Tesla from others 😂
@maxmaxie1328
19 күн бұрын
Tesla is what Elon is.
A man is only as good as his word...pay up
His company, his wish. Share holders wouldn't have a dime if not for Elon. Who are they to complain.
The CEO is what makes the company sell or not sell.
fter two and a half years from an all-time high, I now believe that it's fair to say that Musk has failed his investors; furthermore, he has proven himself incapable of restoring and recovering Tesla's valuation. While I agree that Tesla has had its challenges, but Musk himself has been part of the problem. That said, Tesla should not agree on a compensation package until Tesla's stock reaches $300 dollars a share. That is the incentive he needs; otherwise, he gets paid billions and never really has to perform to the level required to drive Tesla's stock back up to $300 dollars a share.
Why Musk Fanboiz CRYING in Comment Section?? You Should know the Other Side of the Thing Too.... be Habitual to Healthy Criticism 😅
@maxmaxie1328
19 күн бұрын
One should oblige to contract and Elon should be paid.
Performance is Performance
They make big money, so what? Get the education, climb the ladder and be become a CEO if you wish.
All the challenges you sited are happening in 2024. The pay package was for target set in 2018 which was achieved. Why not site examples of the company's status at the time his pay package was set to put things in perspective? Maybe the company is not doing well now because he has not been paid yet. Since when did judges became corporate institution compensation diciders anyway?
You spoke only the negative part. Look at Tesla from the beginning. Make sense?
That guy is worth it he has done a lot
Elon did his job, hit his targets and turned a profit for Tesla investors... Meanwhile- shareholders who weren't share holders during the time the deal was made now has an opportunity to block this deal??? This is insane!!
Very true issue for debate n perfect food for thought for all MNC company normal.Middle Class Famiky oriented Employees compensation packages V/s Highly paid, Fully Fasciliated senior Level Executives Responsibility to Leave organisation by simple Bye Bye as So Called Professionals during any company Crises..
Hey it's America. The land of opportunity. Thank God for that! 🇺🇸
Basically he is encashing his stakes foreseeing deepening share price
Palki seems have some bias against Elon. Tesla was on the bankruptcy which is why they okayed that deal. Now reneging on that deal is bad faith.
$56BLN is 1/5 of Tesla market cap!😂
@hardycsh
Ай бұрын
Tesla market cap is 450 billion, so it's 1/8th not 1/5th
@vinaykumarjain7687
Ай бұрын
You're wrong, it's mere 0.1% of mcap
@kishoretadikonda7001
Ай бұрын
@@vinaykumarjain7687🤨🤨
@summerbreeze5115
29 күн бұрын
@@vinaykumarjain7687🗿
@hardycsh
27 күн бұрын
@@vinaykumarjain7687 I appreciate your math knowledge! LOL
I'm curios if the cameraman shooting Palki's show is paid the same as her? I mean, the work done is the same, right?
it makes complete sense.... elon never started the company, he bought part of it to become the ceo now it's tanking, he's taking his money back duh