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Old 06-13-24, 05:51 AM
  #3031  
swajames
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The word unfathomable appeared once in a 201 page judgement. It was used in the context of the grant Musk was seeking being more than 30x greater than its nearest comparable plan, which was itself Musk’s own 2012 grant, and a compensation consultant noting that the grant Musk was seeking in 2018 was 250x greater than the median peer 2017 CEO compensation.
Old 06-13-24, 05:56 AM
  #3032  
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Originally Posted by swajames
The word unfathomable appeared once in a 201 page judgement. It was used in the context of the grant Musk was seeking being more than 30x greater than its nearest comparable plan, which was itself Musk’s own 2012 grant, and a compensation consultant noting that the grant Musk was seeking in 2018 was 250x greater than the median peer 2017 CEO compensation.
Stockholders were able to fathom it pretty easy, and it's their money on the line.
Old 06-13-24, 06:00 AM
  #3033  
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Originally Posted by Bob04
Stockholders were able to fathom it pretty easy, and it's their money on the line.
Because they weren't informed about the projected growth of the company and without that information the goals seemed crazy.

If it passes this time, then its passed IMO. People have all the info and they have the benefit of hindsight. Passing it this time is all about fear though, fear of losing Musk which is unfounded IMO. Its the power of a Narcissist. Withholding his "love and attention" when things don't go his way.

Last edited by SW17LS; 06-13-24 at 06:04 AM.
Old 06-13-24, 06:17 AM
  #3034  
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I'm a stockholder too. While I might not like the reasons for the bump, I'm up about a Model S Plaid on the pre-market gains this morning alone.
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Old 06-13-24, 06:28 AM
  #3035  
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Good for you. What color are you getting? I recommend lunar silver.

Last edited by Bob04; 06-13-24 at 07:40 AM.
Old 06-13-24, 06:40 AM
  #3036  
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Don't be pedantic and belittling please. People are allowed to have viewpoints that differ from yours.
Old 06-13-24, 07:28 AM
  #3037  
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That wasn't the intent. It was to make a point. I apologize if I hurt anybody's feelings.
Old 06-13-24, 09:18 AM
  #3038  
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Originally Posted by swajames
I'm a stockholder too. While I might not like the reasons for the bump, I'm up about a Model S Plaid on the pre-market gains this morning alone.
That's awesome @swajames.

So you wanna hate on Elon while you're making big bucks off Tesla?
I don't know that's what's going on, just being funny.
Old 06-13-24, 09:53 AM
  #3039  
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Well, the pre market euphoria has settled down a bit. Regardless, there's no hate. I just don't buy in to what I consider to be a cult of personality around Musk, and I have a real problem with how Tesla's board and him are complicit, co-dependent and working for each other's benefit when they should be working for the benefit of shareholders and be independent of one another.
Old 06-13-24, 10:36 AM
  #3040  
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Originally Posted by swajames
I'm up about a Model S Plaid on the pre-market gains this morning alone.
Originally Posted by swajames
Well, the pre market euphoria has settled down a bit. Regardless, there's no hate.
you've certainly expressed a lot of loathing if not hatred, but congrats on the gain.
Old 06-13-24, 11:37 AM
  #3041  
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Originally Posted by swajames
Well, the pre market euphoria has settled down a bit. Regardless, there's no hate. I just don't buy in to what I consider to be a cult of personality around Musk, and I have a real problem with how Tesla's board and him are complicit, co-dependent and working for each other's benefit when they should be working for the benefit of shareholders and be independent of one another.
This is exactly how I feel.
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Old 06-13-24, 11:38 AM
  #3042  
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Originally Posted by Bob04
No, that was just an excuse the judge used. Nobody "knew" that.

She outright stated that the compensation amount was "an unfathomable sum". That shows lack of objectivity. Her mind was made up, no matter what. Just shows that she is a small thinker. We don't need people like that undermining the people that think big and actually achieve something.
Jesus, this language comes right out of a cult handbook.

Must be some strong flavor aid.
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Old 06-13-24, 01:31 PM
  #3043  
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Originally Posted by FrankReynoldsCPA
Jesus, this language comes right out of a cult handbook.

Must be some strong flavor aid.
You're funny@FrankReynoldsCPA .

I guess it doesn't take much to be a cult member these days. Haha 😂

#drank_the_coolaid
Old 06-13-24, 01:58 PM
  #3044  
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Originally Posted by FrankReynoldsCPA
Jesus, this language comes right out of a cult handbook.

Must be some strong flavor aid.
No, it comes from the book of common sense. Nobody got "fooled" into approving a $50 billion stock option package. I haven't seen any evidence that they "knew" Elon would take the company from $50 billion to $900 billion. The belief that "some" goals were "70%" achievable isn't the same thing. And even if they did think that was achievable, they very well could have only thought that BECAUSE of Elon. If you had a proven track record of success and said you could turn $50 billion into $900 billion for me, rewarding you with $50 billion wouldn't even been questioned, especially if you were willing to work for free to get it done.

They were right to do what they did. The results are the proof.


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Old 06-13-24, 02:10 PM
  #3045  
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Looks like Elon got his compensation package approved by shareholders

https://www.youtube.com/live/remZ1KM...szo5bWlRkBryzB
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