Elon Musk's Pay Package Approved: What's Next?

hbarradar3 weeks agoFinancial Comprehensive32

Elon Musk's $1 Trillion Payday: Are We Living in a Simulation?

A trillion-dollar payday for Elon Musk? Seriously? Are we living in some kind of hyper-capitalist fever dream? I mean, the guy's already richer than Croesus. What's he gonna do with another trillion? Buy Mars a new hat?

Norway's sovereign wealth fund, Glass Lewis, ISS—they all said "no" to this insanity. But hey, shareholders know best, right? Or maybe they're just terrified of what Musk will do if he doesn't get his way. Throw a tantrum on Twitter? Buy another social media platform and run it into the ground?

The Price of Genius (or Something Like That)

Dan Ives from Wedbush Securities says this obscene amount of money is "necessary to ensure Musk remains committed to Tesla." Oh, so we're holding the entire company hostage now? "Give Elon a trillion dollars, or he'll take his ball and go home!" What a load of horseshit.

He's supposed to hit milestones like an $8.5 trillion market cap, shipping 20 million vehicles, and unleashing a million Optimus robots. Okay, the market cap thing? Maybe. The vehicles? Plausible. But a million humanoid robots? Let's be real, that sounds like the plot of a bad sci-fi movie. Are we sure these robots aren't going to rise up and enslave us all? Just asking the important questions here.

And the timing is just chef's kiss perfect. Tesla sales were tanking after Musk's little stint with that DOGE thing. Who greenlit that decision? Oh, right, Trump. Laying off thousands of government workers didn't exactly win him any fans, did it? Yale researchers say it cost Tesla 1.2 million vehicle sales. Nice job, Elon. Real smooth.

Elon Musk's Pay Package Approved: What's Next?

Then again, maybe I'm missing something. Maybe this whole thing is some kind of genius-level chess move that I'm too simple-minded to understand. Nah, who am I kidding? It's probably just good old-fashioned corporate greed.

The Chip Off the Old Block(chain)

Speaking of robots and world domination, Musk also said Tesla needs to build a "gigantic chip fab" to meet its AI and robotics needs. Elon Musk says Tesla needs to build ‘gigantic chip fab’ to meet AI and robotics needs Offcourse he did. Because why not add another multi-billion dollar project to the pile? It's not like he's got enough on his plate already.

NBCUniversal’s cookie notice popped up when I was reading about this chip fab thing. You know, the one that's longer than the Magna Carta. It's all about "strictly necessary cookies" and "ad selection and delivery cookies." Give me a break. They're tracking everything we do, selling our data to the highest bidder, and pretending it's for our own good. And we just click "accept" like the good little sheep we are. It's depressing, really.

But back to Musk and his chip fab. Does he really need another factory? Or is this just another way to pump up the stock price and justify that trillion-dollar payday? It's hard to tell with this guy. He's either a visionary genius or a complete con artist. Or maybe he's both.

So, What's the Real Story?

It's a grift, plain and simple. They're laughing all the way to the bank, and we're paying for it.

Tags: elon musk

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