In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.

Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?

  • nbafantest@lemmy.world
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    10 months ago

    Also, most of the numbers can’t be trusted. It’s known as “regulatory capture.”

    This is not regulatory capture, and you are certainly using it incorrectly.

    • Hypx@kbin.social
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      10 months ago

      Regulatory capture is anytime that special interests have overridden the enforcement agencies’ desire to protect the public. That can also apply to accounting firms. So yes, it is correct.

        • Hypx@kbin.social
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          10 months ago

          There’s no reason for them to conduct audits honestly. Again, if you are totally convinced that what I described is impossible, just let me know. We can end this conversation now.