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  • Tesla is giving Elon Musk $29 billion worth of Tesla shares

    From Joseph Pereira@1:124/5016 to All on Tue Aug 5 06:40:29 2025

    Tesla is giving Elon Musk $29 billion worth of Tesla shares to keep him "on board". On a scale of ridiculous, this is off the charts.

    .
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    * Origin: End Of The Line BBS - endofthelinebbs.com (1:124/5016)
  • From Björn Felten@2:203/2 to Joseph Pereira on Tue Aug 5 19:36:11 2025
    Joseph Pereira -> All skrev 2025-08-05 13:40:
    Tesla is giving Elon Musk $29 billion worth of Tesla shares to keep him "on board". On a scale of ridiculous, this is off the charts.

    How ridiculous is it to award the CEO who has dragged the company up from near extinction to the world's most profitable, partly by preventing the Wall Street proxies from infesting the board with their short-term ROI as a goal.

    --

    Conning people is easy. You just need to overcome their intelligence. But convincing people they've been conned is much harder. You need to overcome their pride.

    ..

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    * Origin: news://eljaco.se:4119 (2:203/2)