Musk is asking small shareholders to approve his absurd multi tens of billion dollar payout.
To which I say - and have already voted - hell no!
No one. And I mean NO ONE "deserves" that kind of payout. And besides, he's not doing anything to move the needle on the company right now. Instead he's involved in other silly things (to wit, helping America destroy itself) and pet projects.
And he hasn't helped Tesla in particular. In fact, they've lost market share and the stock has retreated 30%. Tell me again how he's helping the company?
Put that money back into the company. Find a way to turn the market share and stock around. Heck. Pay the shareholders a dividend.
Just don't cave to his absurd demands.
https://www.reuters.com/business/autos-transportation/tesla-turns-musks-small-shareholder-fans-back-56-billion-payday-2024-06-10/
https://www.reuters.com/business/autos-transportation/tesla-turns-musks-small-shareholder-fans-back-56-billion-payday-2024-06-10/
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