• affiliate@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    3 months ago

    Board chair Robyn Denholm wrote in a letter included in the regulatory filing: “Elon has not been paid for any of his work for Tesla for the past six years… That strikes us, and the many stockholders from whom we already have heard, as fundamentally unfair.”

    Musk’s compensation for 2023 was $0, the filing showed, as the billionaire does not take a salary from the company and is compensated through stock options.

    it’s so unfair that elon hasnt gotten a single pay check and has instead had to settle for making billions off of his stock options. think of all the mega yachts and social media companies he could’ve bought if only he had been paid a salary.

    • RememberTheApollo_@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      3 months ago

      What bullshit it is to throw stock at someone that ends up being worth billions and turn around and say they never got paid.

      He received compensation via stocks in lieu of cash. It’s business pay and compensation 101…this is how you get can get paid.

      She’s saying “he got paid, just not cash pay, so we didn’t really pay him, and now we want to pay him again differently.”