Tesla shareholders awarded CEO Elon Musk a pay package on Wednesday that could grant the tech entrepreneur nearly $1 trillion in compensation over the next decade.
If you have a retirement account with “normal” recommended investments (I.e. broad-market mutual funds, target date or otherwise), you’re (indirectly) a Tesla shareholder and the fund manager likely voted your shares for this on your behalf.
You’ve been disenfranchised and the people controlling your money are breaching their fiduciary duty to you. You should be fucking pissed off!
The full compensation would only be delivered if Musk vaults the company from its present value of $1.1 trillion to $8.5 trillion, a figure that exceeds the current combined market values of Meta, Microsoft and Google-parent Alphabet, the filing says.
If you have a retirement account with “normal” recommended investments (I.e. broad-market mutual funds, target date or otherwise), you’re (indirectly) a Tesla shareholder and the fund manager likely voted your shares for this on your behalf.
You’ve been disenfranchised and the people controlling your money are breaching their fiduciary duty to you. You should be fucking pissed off!