The Official Elon Musk Thread

Dude said give me a trillion dollars or else lol

www.bloomberg.com

Musk Hijacks Tesla Earnings Call to Vouch for $1 Trillion Pay Plan

Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal.
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Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal.

“There needs to be enough voting control to give a strong influence, but not so much that I can’t be fired if I go insane,” Musk said, interrupting his chief financial officer as the more than hour-long call wrapped up.
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It was classic Musk: a fiery ending to what had otherwise been a ho-hum earnings call talking about Tesla’s AI initiatives, Optimus robots and robotaxi service. Shareholders will vote on the pay package at Tesla’s annual meeting on Nov. 6 in Austin. “I just don’t feel comfortable building a robot army here and then being ousted because of some asinine recommendations from ISS and Glass Lewis who have no freaking clue,” Musk said, referring to the proxy advisory services who he said aren’t voting in shareholders’ interests.

Tesla’s CFO Vaibhav Taneja, with the final words before the call ended, argued that the board committee that assembled the proposed compensation package did so by ensuring Musk doesn’t get any benefit unless shareholders make substantial returns. He urged shareholders, more than once, to vote in favor of the plan.
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Lets see if they even listen to these people

Oct 2 (Reuters) - A group of Tesla (TSLA.O), opens new tab shareholders including SOC Investment Group and several state officials urged investors to vote against Elon Musk's $1 trillion pay package at the company's November meeting, a regulatory filing showed on Thursday.
In the letter to Tesla shareholders, the coalition - which also includes state treasurers of Nevada, New Mexico and Connecticut - called on investors to oppose the re-election of directors Ira Ehrenpreis, Joe Gebbia and Kathleen Wilson-Thompson.
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The group cited what it called the board's "relentless pursuit" of retaining Musk, saying it has delayed progress on key goals set at the last annual meeting, and pointed to declining operational and financial performance and a "failure to provide meaningful real-time oversight of management."
Despite reporting record quarterly deliveries on Thursday, Tesla faces worries that the expiration of the U.S. EV tax credit could turn the buying rush into a trickle.
Last month, Tesla's board proposed a $1 trillion compensation plan for CEO Elon Musk in what it described as the largest corporate pay package in history, setting ambitious performance targets and aiming to address his push for greater control over the company.
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Among the state officials opposing the package is New York City Comptroller, opens new tab Brad Lander, a longtime critic of Tesla's board and its oversight of Elon Musk.
Although the city's pension funds are not among top shareholders of Tesla and other large companies, Lander and his staff have often been involved in reform campaigns that focus debates at annual meetings. His term as Comptroller ends Jan. 1, 2026.
In response to Thursday's letter, Tesla said in a post on X that the performance incentive plan aligns Musk's compensation with shareholder value creation "of trillions of dollars."
"If Elon Musk doesn’t deliver results, he receives nothing," the company said.
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