Elon Musk has trapped Tesla shareholders: give me $1 trillion or I won’t lie for you anymore
Elon Musk is reportedly pressuring Tesla shareholders to approve a compensation package worth up to $1 trillion, linking it to the company's future and his control over it. This move has raised concerns as it appears disconnected from Tesla's actual performance and mission, with Musk's statements suggesting a grandiose vision for the company and the world. The focus seems to be more on securing shareholder votes than on improving vehicle sales, which have declined for two years.
Elon Musk has trapped Tesla shareholders in a vicious cycle that has nothing to do with he company’s performance or mission anymore. He is linking a vote for his compensation package, worth up to $1 trillion and more control over the company, to the future of Tesla and, in his delusions of grandeur, “the future of the world.”
He literally said that.
How far would you be willing to go to get $1 trillion? Would you be willing to lie?
Tesla, under the control of Elon Musk, is in full-on marketing mode right now, but it’s not to sell its electric vehicles, whose sales have been down for 2 years now. It’s to sell shareholders on voting for a new, unprecedented compensation package for Musk.
