Tesla Ties CEO Elon Musk's Pay To Company Performance | CNBC

"Squawk Box's" Andrew Ross Sorkin explains Elon Musk's compensation plan.

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Tesla Ties CEO Elon Musk's Pay To Company Performance | CNBC

[akashbabu]

wow does she not know how to listen to someone when someone is talking....very rude...i mean imagine if the guy did the same thing his will be regraded as sexist..

[jamesdeininger]

I’m surprised this clip doesn’t have more views right now in 2024

[deaster]

What a weird thing tie your Financial compensation to the success of the company

[danien]

a few years later and this is now the blueprint for success.

[teslavisualized]

This was probably the fairest deal a CEO ever made with shareholders. The shareholders overwhelmingly voted in favor of it.

The entire financial community agreeing this was him having skin in the game. Musk was saying I will not get a single penny unless I deliver massive value to the shareholders through astronomical CEO performance and hold for five years.

Yet a single Judge was able to take it away AFTER he did all the work, AFTER he met every single tranche and rewarded shareholders immensely. He got ZERO compensation for his amazing performance as CEO for these past six years. (and don't say his existing ownership in the company was compensation. No other CEO works for free despite owning shares of the company)

This was 100% a wrong and misguided judgement.

[TeslaFanJapan]

Very creative and effective compensation structure. I think Elon's departure is the biggest risk for Tesla.

[habddz]

Posting here because...Elon gonna hit the first milestone... in early 2020

[jmaycock]

If he can "somehow magically get the company to 650 Billion dollars"

He did it

[Yankes]

only elon musk can be that confident that he will deliver

[startek]

That woman though could not stop interrupting. Market cap is weird. Why is she even there?

[johnsutherland]

These are the type of comp plans that would increase a countries prosperity if they were widely adopted

[jeffms]

Even when he meets all the goals, he gets nothing.

[luckynever]

reminds me the old days of 2012 performance award scheme, less than a year later the stock skyrocketed 10x

[nickmiller]

Why is market cap a bizarre thing to measure performance? Market cap is an estimation of the future value of a company's earnings. Aren't earnings what Elon is supposed to be maximizing? So stupid

[dougd]

Lol ... the blonde repeatedly saying her single blonde thought.

[chunglee]

Without Elon, there will be no Tesla at this time and for foreseeable future

[dzerres]

Adding in the holding the stock for another 5 years was genius. So many board room decisions are based on stocks hitting a certain mark and never mention the stock crashing later when all of the shenanigans and corruption come out. Some CEOs end up going to jail (my company, Qwest's, did) but those criminals were still paid and had enough time to squirrel away their ill-gotten gain in places like Texas and the Bahamas. Yes, Texas. There you can buy as large of a house as you can because the courts cannot touch your primary residence. Texas knows a good crook when they see one. Their favorite son was Ken Lay.

[SanktGallus]

Becky was not good here, nobody can see behind this marketing fomo to prevent investorrs from running away from bubble...

[michaelwtffff]

All these 🤡🤡🤡 laughing at the plan. Aged so well.

[SanktGallus]

BAd news for tesla, get new boss quick!