Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker's car business stumbles and it sets its sights on humanoid robotics and AI.
Tesla isn’t trading on any kind of fundamentals so most of them know it’s a meme stock that is tied into the Musk cult of personality. What that means is that none of them want to be left holding the bag and if Musk leaves, the bottom drops out. The 1 trillion dollars is a ransom as Musk knows that if he leaves, the stock will drop until it reaches its real value. These members of the board and large investors are like hostages trying to negotiate with their captor. The bars keeping them in place are made of greed. They could cash out at any time really but they won’t.
I’m just a broke boi, and even I won’t go near this piece of shit stock. It’s Fantasyland. I get why institutional investors were in on it, like it has a meteoric rise, and the ones that were in did a great job of calling it, identifying it, and riding the wave.
I dont think there’s any wave left to ride though. No one serious should be involved in this company. I say that as a customer too. I love my Tesla, what a fantastic car. But even I’m not buying another one, and I’m not giving them anymore money. My whole neighbourhood will burn me like a witch if I even thought of doing so. Old ladies flipping me off on daycare runs and stuff like that, who needs that noise?
Tesla isn’t trading on any kind of fundamentals so most of them know it’s a meme stock that is tied into the Musk cult of personality. What that means is that none of them want to be left holding the bag and if Musk leaves, the bottom drops out. The 1 trillion dollars is a ransom as Musk knows that if he leaves, the stock will drop until it reaches its real value. These members of the board and large investors are like hostages trying to negotiate with their captor. The bars keeping them in place are made of greed. They could cash out at any time really but they won’t.
I’m just a broke boi, and even I won’t go near this piece of shit stock. It’s Fantasyland. I get why institutional investors were in on it, like it has a meteoric rise, and the ones that were in did a great job of calling it, identifying it, and riding the wave.
I dont think there’s any wave left to ride though. No one serious should be involved in this company. I say that as a customer too. I love my Tesla, what a fantastic car. But even I’m not buying another one, and I’m not giving them anymore money. My whole neighbourhood will burn me like a witch if I even thought of doing so. Old ladies flipping me off on daycare runs and stuff like that, who needs that noise?