Elon Musk’s $2.6 Billion Tesla Challenge

[Vlad Kovalenko + 115]

Investors approved $2.6 billion 10-year compensation plan for Musk. Plan is very simple - it will be realized only if he makes a success with Tesla. 

 

https://safehaven.com/article/45139/Elon-Musks-26-Billion-Tesla-Challenge

[Selva + 252]

Musk's compensation is greater than Tesla's gross profits. 

[LAOIL + 33]

Notice how his compensation plan hinges on market value instead of revenue since all of Musk's companies are insanely unprofitable. 

[Vlad Kovalenko + 115]

He is a master in this business. Knows everything about technology and got more than enough confidence to not lose in this game. He knows what he's doing. 
 

[Adam Varga + 123]

This compensation plan is against everyone's interest but Musk's. And we are talking about 2.6 billion in government subsidies. For some reason he is completely immune to public scrutiny for profiting off the tax payers. If he ran an oil company he would be in jail. 

[LAOIL + 33]

6 minutes ago, Vlad Kovalenko said:

He is a master in this business. Knows everything about technology and got more than enough confidence to not lose in this game. He knows what he's doing. 
 

I'm sure he knows what he's doing. Just like I'm sure he has a golden parachute in his contract if he falls anyway.