Tesla unveils pay plan for Elon Musk: He could get nothing for 10 years (Up to $55 Billion)

Los Angeles Times ^ | JAN 23, 2018 | RUSS MITCHELL and JIM PUZZANGHERA

[Vaquero]

News today a self driving Tesla drives into the back of a vehicle.

[WayneS]

Tesla has reported delivering only 1,770 Model 3s in 2017. Musk isn't the first automobile entrepreneur to struggle with production. In 1903, when Henry Ford launched the Model A, only 1,708 were sold in the first year.

False analogy. Henry Ford did not predict he would sell 100,000 Model A cars in 1903.

[WayneS]

I hope it wasn’t a motorcycle.

[Cicero]

If this gets much worse, rich Hollywood liberals aren’t going to want taxpayer-funded Teslas sitting in their driveways, demonstrating how global warmist they are.

[Ted Grant]

He’s got a great racket.

[ImJustAnotherOkie]

Considering Tesla’s money woes Elon’s failure, this sound like the equivalent of You’re Fired.

[WayneS]

In its news release Tuesday, the company did not mention vehicle production as part of the new pay plan.

So, basically, he will be motivated to drive up the "value" of the company's stock, not to actually cause the company to sell a worthwhile product.

Stock manipulation is not capitalism.

[Bobalu]

This is an image from the recent wimmins march thing...the guy? beating the tambourine looks sorta like Elon Musk...lol

Liberalism IS a mental disease!

[21twelve]

Is that your tagline - or what the lady in red is yelling?

[Bobalu]

Both

[hal ogen]

Did they mention when taxpayers will receive reimbursements for all the taxpayers’ money and tax-forgiveness he was given? Just askin’...

[hadaclueonce]

Ken Lay is jealous

[Moonman62]

More info:

A Tesla driver with a blood alcohol level nearly double the legal limit claimed his electric vehicle was in self-driving mode when it slammed into the back of a parked firetruck in California.

The car was driving, the man told the highway patrol Monday morning. The driver explained that his Tesla electric vehicle “had been set on autopilot,” allowing him to sit in a drunken stupor while the car transported him to his destination.

The excuse didn’t work. He was ultimately arrested under suspicion of driving under the influence, according to the California Highway Patrol. Local officials did not identify the man, but they say it is never permitted to be drunk behind the wheel.

[Moonman62]

So, basically, he will be motivated to drive up the “value” of the company’s stock, not to actually cause the company to sell a worthwhile product.

Stock manipulation is not capitalism.

...

Try again. Once he’s vested, he can’t sell the stock for five years.

[Moonman62]

Stupid post.

[Moonman62]

He’s got a great racket.

...

I think you mean he’s got a great rocket.

[Joe 6-pack]

John DeLorean without the drugs.
Or the cool looking car.

[WayneS]

So? He still has a greater motivation to manipulate the stock price than he does to actually produce cars.

[21twelve]

“... but they say it is never permitted to be drunk behind the wheel.”

I was reading where some autonomous car design that is going to be built (is being built?) has no wheel or control pedals. “But occiferrr - there is no wheel!” (Seriously though - it would be like getting on a bus - without the risk of a public intoxication arrest.)