No. of Recommendations: 17
https://www.straitstimes.com/world/united-states/m...“Mr Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package”It's great to see corporate earnings calls being used for their proper purpose and not for the personal benefit of the CEO.
A $1000,0000,0000,000 CEO pay deal for a company with a market cap under $1400,000,000,000... seems slightly generous, perhaps even a little extravagant.
Musk mentions his concern that he might go insane. Considering this remarkable quote from the earnings call, I understand his concern:
"I just don’t feel comfortable building a robot army here"Why is this company trading at a record high?
Given the behaviour and demands of the CEO, Tesla’s price should drop so low that it could access rare earths directly from the planet’s volcanic core.
TRS
