Elon Musk Demands 25% Ownership Threatens to "Build Products Outside of Tesla"

https://wccftech.com/elon-musk-demands-at-least-25-ownership-in-tesla-via-a-new-compensation-package-threatens-to-build-products-outside-of-tesla/

by belter • 3 years ago

29 9 3 years ago

wccftech.com

raverbashing• 3 years ago

X has shown that Elon can't build anything and the number of sycophants willing to work for him is running low

082349872349872• 3 years ago

It's generally considered a poor strategy to threaten a board (people in general) with outcomes they might prefer.

deeth_starr_v• 3 years ago

The board is captured. They won’t be the ones pushing back

ilrwbwrkhv• 3 years ago

Ya this is bad. I would sell all Tesla stocks if I was still holding.

Reubend• 3 years ago

It's a really interesting strategy to proclaim this. I assume the intent is to get better leverage for an eventual comp plan: by implicitly threatening to tank the share price, he can convince the board to grant him more equity for different performance targets.

That's a very bold strategy and I'll be interested to see whether it works or not.

ZeroGravitas• 3 years ago

That's my best case scenario, Tesla can get back to fulfilling their mission without the drama.

mint2• 3 years ago

And without gull wing doors or cyber trucks - needlessly hard and costly things to manufacture that bleed resources.

jusgu• 3 years ago

Link to the tweet: https://nitter.net/elonmusk/status/1746999488252703098?s=46

S_Bear• 3 years ago

Does he even have the liquidity after Twitter to buy an established AI startup and name himself as founder?

Elon Musk Demands 25% Ownership Threatens to "Build Products Outside of Tesla"

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