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Tesla’s Musk Pay Package Vote Lifts Cloud Off Stock

Signs that Tesla shareholders are set to approve a $56 billion pay package for Elon Musk have given the stock a boost, but the electric vehicle-maker faces broader challenges. Bloomberg’s Dana Hull joins Caroline Hyde and Tim Stenovec ahead of the vote on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Signs that Tesla shareholders are set to approve a $56 billion pay package for Elon Musk have given the stock a boost, but the electric vehicle-maker faces broader challenges. Bloomberg’s Dana Hull joins Caroline Hyde and Tim Stenovec ahead of the vote on “Bloomberg Technology.”
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10 Comments

10 Comments

  1. @maudepotvin8660

    June 13, 2024 at 5:05 pm

    560000 time the median salary of a tesla employee … This guy is not a god, he is only part time CEO, this is not justifiable.
    This make no sense, im selling my shares.

    • @TheMagicJIZZ

      June 13, 2024 at 5:15 pm

      Good sell them and never buy in again

  2. @sonsautomotive

    June 13, 2024 at 5:08 pm

    musk is the only billionaire who is trying to change our lives for the better…..love him and his super brain!!!!

    • @danalex2991

      June 14, 2024 at 11:04 am

      Wrong
      He is born of privilege who got to have money first to pay engineers who do amazing things. He has refused to share his satellite internet with desperate people in conflict zones . He is a fraud thats just stealing credit from amazing engineers.

  3. @lyndakorner2383

    June 13, 2024 at 5:40 pm

    Buying Tesla stock is like joining a cult.

    • @condew6103

      June 13, 2024 at 7:25 pm

      Much like Apple.

  4. @lyndakorner2383

    June 13, 2024 at 5:45 pm

    If the Board of Directors was independent and doing its job, they would have fired him already.

    The fact that they are handing him $56 billion definitively shows that Tesla shareholders are suckers and that the company is a lost cause.

    • @Teen-Conor

      June 13, 2024 at 7:08 pm

      You are an absolute moron. Do you have an idea of how investing works? Let me guess. You are a leftist twat that hates rich people.

  5. @condew6103

    June 13, 2024 at 7:25 pm

    But next time it will be a judge in Texas, not Delaware that those who want to renege on the deal will have to convince. Meanwhile Delaware loses Tesla corporate taxes.

  6. @condew6103

    June 13, 2024 at 7:27 pm

    Funny how everybody loved Elon Musk until he bought Twitter. Now they want to destroy him. Like Donald Trump. Like JK Rowling. With “progressive” friends, who needs enemies?

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