Elon Musk could become the world’s first trillionaire if he hits targets set by Tesla, under a scheme disclosed by the electric car company he runs and in which he is the largest shareholder.
Tesla outlined the terms of the incentive package, unprecedented in corporate history, in a section of its latest stock market update that began: “Yes, you read that correctly.”
Musk, the company said, will have to increase the value of Tesla from just over $1tn now to $8.5tn over 10 years.
If he presides over growth on that scale, the 54-year-old will receive new shares that would push his stake in the company from nearly 16% to well beyond 25%, increasing the fortunes of the world’s richest man to more than $2tn.
TIL musk is doing 1/8th of the labor for the entire company.
What the actual fuck is wrong with people?
What the actual fuck is wrong with people?
Collective stupidity.
This is so stupid, fuck Musk and all of his enablers.
"Let’s Krazyglue the albatross to our collective neck!”
Money isn’t real. At least not the kind of money the stock exchange uses.
Not happening. Not unless Trump mandates Tesla self-driving for all cars in the country.
