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

⁨239⁩ ⁨likes⁩

Submitted ⁨⁨4⁩ ⁨days⁩ ago⁩ by ⁨themachinestops@lemmy.dbzer0.com⁩ to ⁨technology@lemmy.world⁩

https://www.cnbc.com/2025/11/04/norway-sovereign-wealth-fund-rejects-elon-musks-1-trillion-pay-deal.html

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Comments

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  • Quacksalber@sh.itjust.works ⁨4⁩ ⁨days⁩ ago

    Piss baby Musk should take his final breath under a bridge with nothing to his name. That would be fair.

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    • stoy@lemmy.zip ⁨4⁩ ⁨days⁩ ago

      What would be fair would be if he as he is sitting on the ground a Cybertruck in summon mode careened off the road pinning him against the building not killing him instantly but slowly while the radio in the car is playing a comedy show where he and his companies are the punchlines. The last thing he hears is his legacy bwing laughed at as a joke

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      • Sxan@piefed.zip ⁨4⁩ ⁨days⁩ ago

        It sounds like you’ve put some thought into it.

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    • GuyLivingHere@lemmy.ca ⁨4⁩ ⁨days⁩ ago

      And then the bridge should fall on him.

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  • Cruxifux@feddit.nl ⁨4⁩ ⁨days⁩ ago

    But he needs 1 trillion dollars for his robot army so he can retain control of his robot army so nobody else can have control of his robot army so he alone can rule the entire world with his robot army.

    Dude is a literal supervillain.

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    • thejml@sh.itjust.works ⁨4⁩ ⁨days⁩ ago

      I’m just waiting for Musk to get his robots to learn how to feed off biomass and complete his transition to Ted Faro.

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  • tal@lemmy.today ⁨4⁩ ⁨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 ⁨4⁩ ⁨days⁩ ago

      He wants the bragging rights. It’s just a game at these numbers

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    • someguy3@lemmy.world ⁨4⁩ ⁨days⁩ ago

      Effective yes, but uh what’s the wording incorrect-image-that-props-up-crazy-valuation no.

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  • SaveTheTuaHawk@lemmy.ca ⁨4⁩ ⁨days⁩ ago

    This is moot. Musk has never met a milestone once, and if he doesn’t meet milestones, he gets jack shit.

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    • patrick@lemmy.bestiver.se ⁨4⁩ ⁨days⁩ ago

      The reason his last pay package of 50 billion was awarded to him is because he met the milestones for that. It was a similar deal to this one where they set top end milestones that everyone felt were ridiculous and they’d never hit them. Mostly stock targets IIRC.

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      • SaveTheTuaHawk@lemmy.ca ⁨4⁩ ⁨days⁩ ago

        Those were lowball milestones. He actually has to generate real money this time.

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