this post was submitted on 04 Nov 2025
336 points (99.7% liked)

Technology

76564 readers
2880 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
 

top 19 comments
sorted by: hot top controversial new old
[–] nao@sh.itjust.works 9 points 52 minutes ago (1 children)

Tesla has sold 7 million and something cars in total according to google. If each of those was 100k, that would still be less than a trillion in total. How could one guy get paid more than the whole company ever made?

[–] WanderingThoughts@europe.pub 4 points 44 minutes ago

In the market these days, it's not what you're making now but the future potential of what you might make in the future. And Musk is an expert in dreaming big and make other people believe it.

[–] Cruxifux@feddit.nl 53 points 5 hours ago (2 children)

But he needs 1 trillion dollars for his robot army so he can retain control of his robot army so nobody else can have control of his robot army so he alone can rule the entire world with his robot army.

Dude is a literal supervillain.

[–] MangoCats@feddit.it 4 points 2 hours ago

He needs an excuse to rage quit.

[–] thejml@sh.itjust.works 12 points 4 hours ago (1 children)

I'm just waiting for Musk to get his robots to learn how to feed off biomass and complete his transition to Ted Faro.

[–] luciferofastora@feddit.org 3 points 1 hour ago

Reading this while waiting for HFW to load is an eerie coincidence. I very much would prefer to enjoy the post-apocalyptic world from behind the safety of the fourth wall.

[–] Quacksalber@sh.itjust.works 64 points 6 hours ago (2 children)

Piss baby Musk should take his final breath under a bridge with nothing to his name. That would be fair.

[–] stoy@lemmy.zip 12 points 3 hours ago* (last edited 3 hours ago) (1 children)

What would be fair would be if he as he is sitting on the ground a Cybertruck in summon mode careened off the road pinning him against the building not killing him instantly but slowly while the radio in the car is playing a comedy show where he and his companies are the punchlines. The last thing he hears is his legacy being laughed at as a joke

[–] GuyLivingHere@lemmy.ca 3 points 4 hours ago

And then the bridge should fall on him.

[–] tal@lemmy.today 41 points 5 hours ago* (last edited 5 hours ago) (3 children)

From what I have read, he's still likely to be able to line up enough votes to get his $1 trillion pay package (and the associated voting rights), despite a lot of major institutional investors being in opposition. But we'll see when the vote goes though.

I think that Tesla can probably get a more-effective CEO for less money, personally. Even if he leaves as CEO, he still owns 15% of Tesla and is fabulously wealthy as a result. I don't feel like he's getting a bad deal.

I do think that there are some arguments that the SEC should pass some regulation to help ensure board-CEO independence; part of the issue is that the board, which is supposed to oversee Musk, has been considered to be acting on his behalf by quite a few people. I don't think that it will happen under the present administration, though.

[–] Lemmyoutofhere@lemmy.ca 11 points 2 hours ago

Slime mould would be a better CEO.

[–] Bronzebeard@lemmy.zip 19 points 4 hours ago (1 children)

He wants the bragging rights. It's just a game at these numbers

[–] neukenindekeuken@sh.itjust.works 1 points 6 minutes ago

1 Trillion % this.

[–] someguy3@lemmy.world 4 points 5 hours ago

Effective yes, but uh what's the wording incorrect-image-that-props-up-crazy-valuation no.

[–] SaveTheTuaHawk@lemmy.ca 16 points 5 hours ago (1 children)

This is moot. Musk has never met a milestone once, and if he doesn't meet milestones, he gets jack shit.

[–] patrick@lemmy.bestiver.se 12 points 4 hours ago (1 children)

The reason his last pay package of 50 billion was awarded to him is because he met the milestones for that. It was a similar deal to this one where they set top end milestones that everyone felt were ridiculous and they’d never hit them. Mostly stock targets IIRC.

[–] SaveTheTuaHawk@lemmy.ca 1 points 3 hours ago (1 children)

Those were lowball milestones. He actually has to generate real money this time.

[–] patrick@lemmy.bestiver.se 3 points 40 minutes ago

Quit rewriting history, those were absolutely not lowball milestones.

If Mr. Musk were somehow to increase the value of Tesla to $650 billion — a figure many experts would contend is laughably impossible and would make Tesla one of the five largest companies in the United States, based on current valuations — his stock award could be worth as much as $55 billion

That is a quote from this contemporary article: https://www.cnbc.com/2018/01/23/teslas-pay-deal-to-keep-elon-musk-all-or-nothing.html