Tesla

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

founded 2 years ago

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Tesla asks shareholders to approve Texas move and restore Elon Musk’s $56B pay (arstechnica.com)

submitted 1 year ago by BrikoX@lemmy.zip to c/teslamotors@lemmy.zip

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Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas.

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[–] slazer2au@lemmy.world 2 points 1 year ago

I have a quick read of the executive compensation in the latest filings and according to the independent board members who make up the compensation committee Tecoking of Tesla and CEO ( no seriously that is his title in the listing) has achieved all the Revenue and Adjusted EBITDA milestones for the 2018 package and should be awarded the 303 million shares at $23 a share.

He also does the executive bullshit thing of not drawing a regular salary from the company so his only pay is stocks.

I agree that there are other staff who are far more deserving of those stock options