arstechnica ,
@arstechnica@mastodon.social avatar

Tesla shareholder group opposes Musk’s $46B pay, slams board “dysfunction”

Letter urges shareholders to reject CEO pay plan and boot two board members.

https://arstechnica.com/tech-policy/2024/05/tesla-shareholder-group-opposes-musks-46b-pay-slams-board-dysfunction/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

flowerpot ,
@flowerpot@mas.to avatar

@arstechnica I'll do it for 46 Million.

gulfie ,
@gulfie@mastodonapp.uk avatar

@arstechnica fat chance as I understand it. But hey, the company won’t be around much longer to pay his “salary” the way he’s running it

tob ,
@tob@hachyderm.io avatar

@arstechnica I'm morbidly curious what would happen to Tesla if they tried to be a real car company rather than the backdrop for a carnival barker.

I suspect the answer is just what the board seems to think it is. Without Musk's hype-distortion field, they'd lose 70% of their share price.

Would definitely be a better company, though.

kitsuneofinari ,
@kitsuneofinari@packmates.org avatar

@arstechnica nothing is going to change. Even if they do elect two new members to the board and replace Murdoch and Kimbal... NOTHING IS GOING TO CHANGE!!!

Shareholders should sell their stocks now and stop supporting Muskrat. Let Tesla fall and burn.

Bandersnatch ,
@Bandersnatch@mastodon.social avatar

@arstechnica I kept a share just to vote on this crap. Fuck with a .

Kierkegaanks ,
@Kierkegaanks@beige.party avatar

@arstechnica EAT IT ELMO

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