Tesla Business and News Thread
#2701
Advanced
iTrader: (1)
Tesla Annual Gross Profit
(Millions of US $)
2023 $17,660 B
2022 $20,853 B
2021 $13,606 B
2020 $6,630 B
2019 $4,069 B
2018 $4,042 B
2017 $2,223 B
2016 $1,599 B
2015 $924
2014 $882
2013 $456
2012 $30
2011 $62
2010 $31
2009 $10
https://www.macrotrends.net/stocks/c...a/gross-profit
(Millions of US $)
2023 $17,660 B
2022 $20,853 B
2021 $13,606 B
2020 $6,630 B
2019 $4,069 B
2018 $4,042 B
2017 $2,223 B
2016 $1,599 B
2015 $924
2014 $882
2013 $456
2012 $30
2011 $62
2010 $31
2009 $10
https://www.macrotrends.net/stocks/c...a/gross-profit
It may just be me but I find that ridiculous.
#2702
Lexus Fanatic
It shouldn’t be just you who feels that way at all lol
It’s an insane thing.
It’s an insane thing.
#2703
Lexus Fanatic
iTrader: (20)
at least tesla HAS earnings unlike rivian, lucid, fisker, ...
#2704
Lexus Test Driver
I'm not sure how it all works and the fine print.
But if a deal was made and he fulfilled his obligation, I say pay the man!
But if a deal was made and he fulfilled his obligation, I say pay the man!
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bitkahuna (05-19-24)
#2705
Lexus Fanatic
On top of that the company is now facing uncertain economic times and is enduring massive layoffs and drops in stock price, and giving him that comp package would not be in the financial interest of the company. The board is supposed to make decisions independently in the best interests of the company, not be picked by one person and make decisions that he wants them to make.
Want an example of this? Tesla doesn't buy ads. They are buying ads now...why? To promote Elon's compensation package? He needs to be removed from Tesla, he's treating it like his own entity and its a publicly traded company, there are rules of conduct here that he flouts all over the place.
Last edited by SW17LS; 05-19-24 at 07:48 AM.
#2706
Lexus Fanatic
#2707
Pole Position
this isn’t just my take on it, it’s broadly the findings of competent and experienced judge.
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Margate330 (05-19-24)
#2708
Lexus Test Driver
the CEO wasn’t given a plan. The CEO and Tesla’s board, who are supposedly independent and who are obligated to act in the best interests of the company and its shareholders, concocted a plan and then misled shareholders about key details. In other words, this was Musk’s plan getting rubber stamped by a weak board failing to fulfill its fiduciary responsibility.
this isn’t just my take on it, it’s broadly the findings of competent and experienced judge.
this isn’t just my take on it, it’s broadly the findings of competent and experienced judge.
#2709
Pole Position
It’s accurate, Margate, that’s exactly what happened. The judgement is online, you can read it for yourself.
And the board re-filing the plan just a couple of days after announcing massive job cuts, because Tesla needs to cut costs, just adds to the tone deafness.
And the board re-filing the plan just a couple of days after announcing massive job cuts, because Tesla needs to cut costs, just adds to the tone deafness.
#2710
Funny how nobody complained until AFTER he took no pay for years and met the crazy goals of the plan. He deserves every penny.
Last edited by Bob04; 05-19-24 at 09:27 AM.
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bitkahuna (05-19-24)
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bitkahuna (05-19-24)
#2713
Lexus Champion
Thread Starter
As someone already said, I stated net profit. Sure, it's in stock but when I saw that somewhere else it was a bit shocking. A business that has existed for 12-15 years and the CEO wants to be paid more than the company has ever made since it's existence.
It may just be me but I find that ridiculous.
It may just be me but I find that ridiculous.
I look at Elon in two lights, pre Twitter Elon and post Twitter Elon. The erratic behavior has always been there, but he paid full attention to Tesla before Twitter came into the picture. This is not just from my observations or stuff I've read, but from two former employees who worked with Elon who now work at my company and worked closely with him. As far as I can tell,
#2715
What a coincidence. I'm sure Elon leaving the Matrix had nothing do with a ruling from a judge in Delaware.
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bitkahuna (05-19-24)