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Comment on Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package

tal@lemmy.today ⁨5⁩ ⁨days⁩ ago

From what I have read, he’s still likely to be able to line up enough votes, despite a lot of major institutional investors being in opposition. But we’ll see when the vote goes though.

I think that Tesla can probably get a more-effective CEO for less money, personally. Even if he leaves as CEO, he still owns 15% of Tesla and is fabulously wealthy as a result. I don’t feel like he’s getting a bad deal.

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Bronzebeard@lemmy.zip ⁨5⁩ ⁨days⁩ ago
He wants the bragging rights. It’s just a game at these numbers

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- neukenindekeuken@sh.itjust.works ⁨4⁩ ⁨days⁩ ago
  1 Trillion % this.
  
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Lemmyoutofhere@lemmy.ca ⁨5⁩ ⁨days⁩ ago
Slime mould would be a better CEO.

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- angrystego@lemmy.world ⁨4⁩ ⁨days⁩ ago
  Slime mould is pretty cool in general!
  
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someguy3@lemmy.world ⁨5⁩ ⁨days⁩ ago
Effective yes, but uh what’s the wording incorrect-image-that-props-up-crazy-valuation no.

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FreedomAdvocate@lemmy.net.au ⁨4⁩ ⁨days⁩ ago

I think that Tesla can probably get a more-effective CEO for less money, personally.

Musk takes $0 pay as CEO other than these post-performance-goal-hit pay packets though. Good luck finding another CEO who will work for free for 5+ years.

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- CileTheSane@lemmy.ca ⁨4⁩ ⁨days⁩ ago
  I’ll happily do it for $1 million a year and do a hell of a lot better than musk. Considering the difference between $1 trillion and $1 million is pretty much $1 trillion I’m basically working for free.
  
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  - FreedomAdvocate@lemmy.net.au ⁨2⁩ ⁨days⁩ ago
    He’s not getting paid a trillion a year - he’s getting paid $0. They pay you $1mil a year and go nowhere good. They pay him nothing and if they hit goals people say are impossible he gets a trillion.
    
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