Tesla asks shareholders to reinstate on $56 billion pay deal for Elon Musk

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NBC News

NBC News

14 днів тому

Tesla is asking its shareholders to vote again on a $56 billion pay package for the company's CEO Elon Musk just months after a Delaware judge voided the deal. Washington Street Journal business columnist Tim Higgins breaks down the companies request.
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#elonmusk #tesla #nbcnewsnow

КОМЕНТАРІ: 192
@JayTee2985
@JayTee2985 12 днів тому
Okay to give him $56B but they had to lay off the 10% of the workforce 😂😂 okay.
@KrustyKlown
@KrustyKlown 12 днів тому
$1.4B to keep that 10% employed for a year
@veganpotterthevegan
@veganpotterthevegan 12 днів тому
He should use Tesla capital to buy Truth Social😂
@misterjorge2581
@misterjorge2581 12 днів тому
More lay-off coming soon with AI ... Hahahaha!
@davidrounds3245
@davidrounds3245 10 днів тому
Nobody gives him anything, they never have. The layoffs have nothing to do with it.
@michaelccopelandsr7120
@michaelccopelandsr7120 12 днів тому
Hey Elon, you really want to fix something? How about fixing what YOUR company, Tesla Solar, did and continues to do to my retired parents. They got solar panels from YOUR company only to find the majority of the credit wasn't going to them. It went to YOUR company! When my parents found out and confronted YOUR company, they were told, "You never told us not to." Now, they can't even remove YOUR companies panels. Even though they haven't been used in over 7 years. You need to fix this and until you do, I'm going to continue to call you out. The ball's in your court, Mr. Used-to-be-the-richest-man. Prove yourself worthy.
@infinitetanner
@infinitetanner 12 днів тому
Been telling people for 5 years, he uses others monies to inflate himself and his pockets, HOW does the world not see it? He needs FULL criminal investigation-
@suzannesanchez4864
@suzannesanchez4864 12 днів тому
Elons Ego Narcissist, Power Trip, Greedy Me! Me! I control it all and I can take it all away from you peasants! 👺
@jshawney3355
@jshawney3355 3 дні тому
That's what you get for idolizing white tech ceos and demonizing Chinese ones. Your bias has been your downfall. So quick to judge others who don't look like one of you but give full benefit of the doubt to one of your own.
@PeterSedesse
@PeterSedesse 12 днів тому
Tesla's share price is where it was 2 years ago. They have missed their numbers 4 quarters in a row. Their conference calls are like an 8 year old is doing them. Cybertrucks production is way behind schedule and they just laid off 10% of their workers.... But sure, let's give the guy who caused all that another 10% of the company....
@jasonlucas2328
@jasonlucas2328 12 днів тому
My friends bought Tesla shares at $980. Now, they're above $100. My friend said he didn't run the scam, but someone has made a lot of money. Is he the richest man in the world?
@davidrounds3245
@davidrounds3245 10 днів тому
You are clueless
@almondblondie3890
@almondblondie3890 12 днів тому
Elon Musk & TESLA never cared about their customers!!!!!!
@cptnoname
@cptnoname 12 днів тому
He's done nothing to give value to the shareholders. He's cost them money and given them plenty of reason to have anxiety about the future. He should get NOTHING.
@KrustyKlown
@KrustyKlown 12 днів тому
Musk PUMPED the Stock up to earn that $56 Billion ... and it's been dropping for over 2 years since... Nice job Elon!!!! /s
@skytech2501
@skytech2501 12 днів тому
NPC
@cptnoname
@cptnoname 12 днів тому
@@skytech2501 this from a guy who says there is no such thing as hate speech. Go back to 8kun, kid. Adults are speaking
@skytech2501
@skytech2501 12 днів тому
@@cptnoname lol, there is no such thing as hate speech
@cptnoname
@cptnoname 12 днів тому
@@skytech2501 please, do tell us more. We all want to know every detail of your views about this subject.
@martensjd
@martensjd 12 днів тому
Tesla would be better off without Elmo.
@Sabundy
@Sabundy 12 днів тому
agree 100%
@suzannesanchez4864
@suzannesanchez4864 12 днів тому
😆😂😂😂😂
@KrustyKlown
@KrustyKlown 12 днів тому
"I Pooped Today!!!" ... here's your $56 Billion bonus!!!
@Sabundy
@Sabundy 12 днів тому
@@KrustyKlown 🤣🤣🤣🤣🤣🤣....and about what he is actually worth...
@AngelinaCruz357
@AngelinaCruz357 12 днів тому
Was not the Twitter purchase $46 Billion?
@jasonlucas2328
@jasonlucas2328 12 днів тому
The value of the $46B has dropped 70%. Bankers've already left him on the Twitter deal. He needs money to fill the hole.
@aurorauplinks
@aurorauplinks 11 днів тому
the twitter purchase... was worth it. but the cyber trucks need to be fixed. but he does good overall. would be nice if they could rehire their workers.
@superperformance
@superperformance 12 днів тому
greed and stupidity have no limits.
@janejones8672
@janejones8672 12 днів тому
Exactly
@havaguday
@havaguday 12 днів тому
Sounds like a "Hold my beer" challenge for Musk.
@davidrounds3245
@davidrounds3245 10 днів тому
Greed for a CEO who draws NO SALARY. All money is based on performance targets, period.
@havaguday
@havaguday 12 днів тому
So, that explains the 10% employee elimination. Sure it will be enough?
@blasphemertheseventh
@blasphemertheseventh 12 днів тому
Sales are plummeting, the cyber truck is dead on arrival and they are laying off employees. So sure give him gobs and gobs of cash.
@TenthCrane2788
@TenthCrane2788 12 днів тому
Shareholders should ask themselves if the $56 billion is better in Elon's pocket or in the company's pocket.
@janejones8672
@janejones8672 12 днів тому
What about in the Shareholders pockets
@jasonlucas2328
@jasonlucas2328 12 днів тому
@@janejones8672 Tesla's share once was above $1,000. Shareholders've lost a lot of money, and he's the richest man. We don't need an investigation and know something doesn't add up here.
@rgen28
@rgen28 12 днів тому
Shareholders should fire the entire board and musk. Musk did good work in the beginning but now he has to let go.
@Muse1point0
@Muse1point0 12 днів тому
It's only 56 billion.
@TheUsername217
@TheUsername217 12 днів тому
He's more of a liability at this point He lost his mind in 2020
@KrustyKlown
@KrustyKlown 12 днів тому
MAGA mind virus ... so sad
@jennifershanks453
@jennifershanks453 12 днів тому
No kidding. I am staying clear of teslas now!
@ABanRocks
@ABanRocks 12 днів тому
He fires 10% of the work force and then wants 56 billion. How greedy can he be when 2 billion-5 billion would have most likely saved those jobs.
@anc2242
@anc2242 12 днів тому
At the same time they layoff 10,000 people…. and some people still think the guy is gonna save the world and lead us to the future. This nonsense has to stop
@UT48D
@UT48D 12 днів тому
So he first fires 10% of people then demands he be compensated $56 Billion. How much were those workers be compensated?
@jamesching41
@jamesching41 12 днів тому
as a investor in tsla, why would you want the largest investor in the company to steal $56 billion from telsa? how does that help the smaller investor position and the company?
@Nyhiak
@Nyhiak 12 днів тому
What a con. Stock dropping, 10% layoffs, competition eating their lunch.
@markplott4820
@markplott4820 12 днів тому
TESLA model Y #1 CAR sold WORLDWIDE in 2023.
@ztcr6
@ztcr6 12 днів тому
​@markplott4820 not quite, tesla doesn't give exact numbers and combines multiple models in that figure. Believe what you want but look up the word "gullible" please.
@damham5689
@damham5689 12 днів тому
The board is stacked with Elons relatives and close friends.
@user-lu8gn2dw7b
@user-lu8gn2dw7b 12 днів тому
Austin and Buffalo plants are closing as we speak.
@robertdebrus3732
@robertdebrus3732 12 днів тому
Musk has the reverse Midas Touch
@damham5689
@damham5689 12 днів тому
Tesla would do much better without the toddler billionaire. They could gain millions of customers Musk keeps away.
@lambnj29
@lambnj29 12 днів тому
This is one of those rare opportunities for TSLA shareholders to vote in retrospect. Elon was at the helm during TSLAs meteoric rise in share price, but he (arguably) has failed to maintain that stock value. Disregarding the other issues outlined in the judge's decision to void his pay package, would TSLA shareholders still have voted in favor of this compensation package years ago considering the loss of value they are witnessing today?
@DoctorCify
@DoctorCify 11 днів тому
Yes. He could take Tesla to unimaginable levels. Why not give him a chance to prove himself?
@krishnakanth77
@krishnakanth77 12 днів тому
No one given atleast 56 £ raise to me .
@stryngh
@stryngh 12 днів тому
I'm a Tesla shareholder, and I will vote NO. He does not deserve a $56 billion compensation.That amount of greed is ludicrous to even consider.
@janejones8672
@janejones8672 12 днів тому
Thank you ❤
@georgemaximus694
@georgemaximus694 12 днів тому
I still remember the youtube channel who called elon musk the next jesus who will safe humanity by bringing all of us to mars. People revered elon musk as a GOD back in those days.
@the1andonly
@the1andonly 12 днів тому
I hope they're smart enough to deny him!
@infinitetanner
@infinitetanner 12 днів тому
cancel Elon!
@jonathanvandenberg3571
@jonathanvandenberg3571 12 днів тому
🤣
@DrDsIT
@DrDsIT 7 днів тому
Elon Musk criticized the $379 million dollar salary of Peter Rawlinson of Lucid so Musk shouldn't be paid more than that in his own opinion.
@kristianadi993
@kristianadi993 12 днів тому
How can ellon request for pay 56b when the share price drop ytd from 250 to 155 ? I fail to understand
@jaridkeen123
@jaridkeen123 12 днів тому
We need a Law Limiting CEO Pay to 25x the lowest paid employee. Currently Elon Musk makes more than 46,500x this lowest paid employee
@john_wick1
@john_wick1 11 днів тому
10% layoff in exchange for $56 billion
@WtfReal
@WtfReal 8 днів тому
Why would shareholders vote for that pay package when 90% of his shareholders lost money
@wwlee5
@wwlee5 12 днів тому
Tesla Board of Directors: Please give Elon Musk his deserved pay worth 1/2 of 2023 Tesla financial revenue. Everyone else including other CEO's: (roll eyes).
@manolososadavinci1937
@manolososadavinci1937 12 днів тому
I’ve always said elongated muskrat is a joke 😂😂😂😂
@davidrounds3245
@davidrounds3245 10 днів тому
It is 100% performance based, the only CEO anyplace to do that. He got stock options for meeting very difficult targets and has not drawn a normal salary. If other CEO's did that, they would never be paid. Ask the Ford and GM CEO's to take that deal and see how fast they run for the door. The options he gets also cannot be sold for a minimum of 5 years so even after he meets the tartgets, he gets the options and can't convert them to $ for 5 years. So if he lets the company slip, his options are worth nothing. Nobody reports the truth about that contract, none of the money is guaranteed. Not a single dollar.
@theresaernst3262
@theresaernst3262 9 днів тому
Absolutely not.
@KrustyKlown
@KrustyKlown 12 днів тому
$56 Billion, would have kept the 10% laid off, employed for 40+ years.
@markplott4820
@markplott4820 12 днів тому
DELETE unions.
@bensharma7503
@bensharma7503 9 днів тому
💯 he should get the original deal that the shareholders voted on and was approved. I’m a shareholder with 1000 shares and will be voting yes.
@user-ll9qk2el4d
@user-ll9qk2el4d 12 днів тому
Elon Musk needs to stop calling its current software FSD (Full Self Driving). FSD means a driver does not need to monitor the vehicle and intervene when necessary. Until that happens, this is false advertisement. Musk should also stop telling investors it is an "AI" company. Since over 80% of its revenue comes from the sale of vehicles, it is still an auto company. There's a difference between what you want to be and what you really are. As far as asking $56 billion in compensation, this is just insane. He has been the CEO of Tesla for about 15 years. That's about $4 billion per year he is asking. Only Tesla shareholders are crazy enough to approve it, because who can say 'no' to Jesus 2.0?
@GarKeith
@GarKeith 12 днів тому
If y'all don't make some positive comments about Elon he will buy UKposts and ruin it.
@cptnoname
@cptnoname 12 днів тому
He couldn't afford it. He had to sell his soul to the Saudis for Twitter. He's got nothing left
@janejones8672
@janejones8672 12 днів тому
😂😂😂
@cptnoname
@cptnoname 12 днів тому
Why are comments being deleted here?
@meoff7602
@meoff7602 12 днів тому
No one has enough money to buy UKposts. Please, it's probably the only universal used app in existence.
@user-ch2fm6kr6j
@user-ch2fm6kr6j 11 днів тому
Really fifty billion in sec earnings is that what youre discussing?
@Easore
@Easore 10 днів тому
I hope for a yes vote. But I dont expect it. Most people dont seem to understand that all the requirements for the payout were met long ago. Even media claimed back then that the payout plan was impossible to achive. But Musk delivered. Now that the media bias has changed, it all of a sudden is "unfair". I as an investor knew very well about all the critics the judge mentioned. I mean cmon: Kimbal Musk, his brother, is one of the board members. How can the judge overvote 73% of investors. We all knew very well that the board had familiy members. The goals for the payout plan were very suprising for me back then, thinking they were waaay to harsh laying out those impossible goals. Thats the power of bias and how it changes peoples mind. From full support back the "unfair".
@suzannesanchez4864
@suzannesanchez4864 12 днів тому
Elons Ego Narcissist, Power Trip, Greedy Me! Me! I control it all and I can take it all away from you peasants! 👺 Now pay me my $56 billion 🤑
@pixelsnuanced
@pixelsnuanced 12 днів тому
He has 56 billion kids out there so he needs the money.. 😅
@DonDyarprecision
@DonDyarprecision 12 днів тому
I would get all the cash I could out of the EV mess too, the entire industry is going down in flames that are hard to put out.
@twistedgaming3104
@twistedgaming3104 12 днів тому
its crazy how you can build a global conglomerate and then be controlled by us judges
@xila464
@xila464 12 днів тому
The Corporate Looting of America, continued.
@sildan1988
@sildan1988 12 днів тому
Another entitled rich man.
@markplott4820
@markplott4820 12 днів тому
ELON , is changing the WORLD for the Better.
@LiquidToddnyc
@LiquidToddnyc 3 дні тому
$56 BILLION DOLLARS IS INSANE. The highest paid CEOs on the planet make $250 MILLION!
@wondereagle
@wondereagle 12 днів тому
Insane.
@81654
@81654 12 днів тому
Tesla shares got over inflated during covid, that's the only reason why they got as high as they did. It's time for correction. The vehicles are poorly made as well, there's better made ev's on the market. Nio looks like it's going to eventually lead the way with it's newer technology and battery swap
@richardjohnson8009
@richardjohnson8009 12 днів тому
sorry to break it to ya but evs are not a "game changer" may as well use that tech on a regular vehicle, theres nothing green about anything about evs, on the contrary more toxic open pit mines and factories using toxic chemicals that will end up where theyre not supposed to
@rawlvee
@rawlvee 12 днів тому
there's icebergs to everything
@The_Quaalude
@The_Quaalude 12 днів тому
Puts goin crazy 😭
@markusanderson1517
@markusanderson1517 12 днів тому
Out of all the money he's robbed from his laid off workers ..... really? A bit of irony if you like that sort of thing ....
@ronleonard7015
@ronleonard7015 12 днів тому
Wow… just wow
@cani006
@cani006 12 днів тому
Yessss pls shareholders, pay him $56B, lay’em alll, lay’em alllllll😮😮😮😮
@user-ch2fm6kr6j
@user-ch2fm6kr6j 11 днів тому
Might be a income tax return etc that they are really talking about.
@KrustyKlown
@KrustyKlown 12 днів тому
$56 Billion = 4X the annual pay for ALL of Tesla's employees. Anyone else see the absurdity here??
@brettff
@brettff 12 днів тому
Yes
@The_Quaalude
@The_Quaalude 12 днів тому
UKposts deleting comments again...
@memecat84
@memecat84 12 днів тому
This is crazy money, no we don’t approve.
@michaelavila5056
@michaelavila5056 12 днів тому
I hear a lot of Disney and target and budlight in theses dudes monologues
@AngelinaCruz357
@AngelinaCruz357 12 днів тому
Return on Investment? 😅😂
@philholgate53
@philholgate53 9 днів тому
Wait a minute. He wants 56B for driving down the value of Tesla with his silly tweets and the Cybertruck project. The market for EV pickup trucks is tanking, and the novelty has worn off, so I'm afraid that shareholders will be the big lovers here.
@antonkarridian2895
@antonkarridian2895 4 дні тому
Anyone bother to figure out how much $56 Billion is? $56 Billion divided by 6 million cars sold by Tesla, equals $9,333 per car! You all want to give Musk something, great. But, $9,333 PER CAR??? Peter Rawlinson much?
@Dxlsw
@Dxlsw 12 днів тому
He made Tesla into what it is today, so yeah approoooveeee
@hammer-r
@hammer-r 12 днів тому
Lets see, he could take one or two billion less, and still keep those working for him on the payroll, lower the cost of each vehicle sold, still at a profit, and help the company and his employees. But like all greedy bosses, I want my money NOW. Well I hope this has repercussions in the industry and those who want to buy one.
@user-cd7kl9qg7e
@user-cd7kl9qg7e 10 днів тому
If Elon what's more money he can sell his shares of millions he has now. Oh, but he wants to dilute the stock and have the shareholders pay for his 55billion request. I am sure the company does see this being ridiculous concept. Also the company had to layoff 10% work force but has no problem requesting 55 billion. where does this guy come from???!!!
@yourjjrjjrjj
@yourjjrjjrjj 12 днів тому
Yes, the stock is tanking, let's give the boss $56B as a reward.
@davidrounds3245
@davidrounds3245 10 днів тому
Many short sighted stupid comments regarding this pay package. Ignorance is bliss and media that does not report honestly.
@evanmurphey
@evanmurphey 12 днів тому
Oh so when Tesla meant growth incoming they meant musk salary 😂😂😂😂😂😂 this dude is classic man. Lay off 10% of the work force and then take a huge bonus. Bravo, truly living the American dream and he’s not even American 😂😂😂
@TrueThatTucson
@TrueThatTucson 12 днів тому
He’s leaving the ship!
@michaelbranson-parisi4682
@michaelbranson-parisi4682 11 днів тому
I messed up i asked them to do it for him i did not know they had human clones until i took closer liok
@RoofedAsian89
@RoofedAsian89 11 днів тому
Elon musk is too distracted, someone else need to take the helm of Tesla
@aaronvega862
@aaronvega862 12 днів тому
Let the Billionaires send money to other countries along with politicians rather than taxpayers money
@user-ch2fm6kr6j
@user-ch2fm6kr6j 11 днів тому
The real elon musk and the actual chairman under ceo like person is what theg are actually classified contest. The case is actually closed. I think the actual like creator and owner etc of tesla classified ceo etc is not actually fighting a case or trying to collect this claim money or anything else. The actual under ceo type etc and not real elon musk creator and owner are i think the actual ones tryong to collect the claim money etc. Though i believe its a closed case and the actual real elon musk creator owner ceo has been awarded the money etc and classified cases and a thing were collecting it is but a procedure now and like the city county state or under ceo or fake elon musk etc ir even board or investors or Congress or lower courts etc cannot even really not even portray in court or in legal or bussiness workds that they have anything like that to do. Wages of a under ceo with options etc might be highest all time for a position in a company that is like all time best company with like huge amounts of assets etc.
@davemanone3661
@davemanone3661 12 днів тому
This man is almost as corrupt as t-rump
@Astr0b0y8
@Astr0b0y8 12 днів тому
Trying to buy threads for 56 bil? 😅
@freestylefranc2653
@freestylefranc2653 12 днів тому
hes burnt himself. stock going bankrupt
@greghodge3587
@greghodge3587 12 днів тому
Elon needs the cash for Trumps campaign.
@px7460
@px7460 12 днів тому
Probably good time to remember the saying: Fool me once, shame on you... fools me twice, shame on me If that doesn't work: As a dog returns to his vomit, so a fool repeats his folly
@user-qy4rm3zd1z
@user-qy4rm3zd1z 12 днів тому
That's nice he deserve the money. to make the brand a moon car. spaces and beyond.
@aktech3271
@aktech3271 12 днів тому
Haters leave him alone!
@user-nc2qj2jc5q
@user-nc2qj2jc5q 12 днів тому
I would say NO he ruined the company...
@Sabundy
@Sabundy 12 днів тому
Electric Jesus is severely over estimating his worth. If anything Tesla would be better off without him.
@ryanreedgibson
@ryanreedgibson 12 днів тому
I didn't buy Tesla cars for Christmas 2022 because Elon and his tweets.
@user-ll9qk2el4d
@user-ll9qk2el4d 12 днів тому
I didn't buy a Tesla simply because they are badly made...quality issues one after another. Techology is impressive, but the build is crap.
@charangohabsburg1
@charangohabsburg1 11 днів тому
A big, fat NO from me. Elon should quit Tesla, he is no longer an asset for Tesla but a rather big liability now.
@michaelbranson-parisi4682
@michaelbranson-parisi4682 11 днів тому
It was his clone
@user-ch2fm6kr6j
@user-ch2fm6kr6j 11 днів тому
Whis the real elon musk?
@BobbyJames-fv9tn
@BobbyJames-fv9tn 12 днів тому
I am confused somehow they are legally saying he has too much control of his business and wants to make too much money running his business is that what I'm hearing I mean that that sounds weird I know I run a business and I am in complete control of it and I make as much money as I want from it anyone who owns a business should be the same way the government can't say nothing about it
@michoacan55
@michoacan55 12 днів тому
he only owns like 20% of the business. Do if I own 20% of your business and we have operated for 20 years and only made like 50 million in profits for the entire business over the 20 years, and now I ask you pay me 200 million dollars for my work, would you pay me?
@MinhVu-in9iz
@MinhVu-in9iz 12 днів тому
Vote No!! Musk haven’t done his job!!
@gradosa8272
@gradosa8272 12 днів тому
another scammer trained by the trump university. And my son thinks he’s a genius. 😂😂😂 I can see thru that facade and elon is just a glam😮outhouse.
@nessab6798
@nessab6798 11 днів тому
Musk & Trump are the same. "Sucessful" at nothing😂
@mikeh5629
@mikeh5629 12 днів тому
If you remember, musk said over a year ago that 2024 was going to be an off year. At the time he was very concerned about the overall economy and the higher interest rates affecting car sales.
@lukevo6485
@lukevo6485 12 днів тому
Give the man his money, money that was promised by over 80% of the shareholders. If you steal his money, people will steal yours and you cant do anything about it, because you agreed with the Delaware Courts.
@markplott4820
@markplott4820 12 днів тому
throw the JUDGE in prison.
@Aaa-ct4xb
@Aaa-ct4xb 12 днів тому
You guys hate him so much
@manolososadavinci1937
@manolososadavinci1937 12 днів тому
💀💀💀you must have no food and water
@ztcr6
@ztcr6 12 днів тому
According to the Cult Education Institute, there are specific warning signs to look out for when considering whether a group might be a cult. Cults are characterized by: • Absolute authoritarianism without accountability • Zero tolerance for criticism or questions • Lack of meaningful financial disclosure regarding budget • Unreasonable fears about the outside world that often involve evil conspiracies and persecutions • A belief that former followers are always wrong for leaving and there is never a legitimate reason for anyone else to leave
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