Juil

If you actually read the entire court case you come across some points that encapsulate who Elon really is After receiving a proposal from Tesla's general counsel and in-house attorney for the compensation plan, Elon responded saying: "That is more than intended. Let's go with 10% of the current FDS (fully diluted shares), so 20.915M" This was over 8M shares less than a prior proposal. When asked about this Elon said it "was, I guess, me negotiating against myself" Elon sent another email to Tesla's general counsel: "Given that this will all go to causes that at least aspirationally maximize the probability of a good future for humanity, plus all Tesla shareholders will be super happy, I think this will be received well. It should come across as an ultra bullish view of the future, given that this comp package is worth nothing if 'all' I do is almost double Tesla's market cap" The creation of this compensation plan was taking place during the Model 3 ramp (production hell). In response to this, Elon sent Todd Maron (Tesla's GC) an email asking him to put the discussion of his compensation "on hold for a few weeks" stating that he "just wanted to make sure Tesla interests come first" This will all get sorted out one way or another with the majority of shareholders supporting Elon getting paid. While I strongly disagree with the verdict I also didn't read the document as a veiled attack on capitalism that was politically motivated to harm $TSLA It's easy to score social media clout by bashing the ruling but I'd venture to guess less than 1% of people yelling about the outcome actually read the full court case to understand the merits and legal basis of the arguments I think the more important takeaway is the fact that Elon isn't like other billionaires. He's not seeking self preservation or comfort. He's not after wealth to enjoy and spend on himself His only real desire for wealth is to reinvest it in endeavors that benefit humanity and it sounds crazy and unbelievable to most people because it's entirely foreign to how most people are wired. When you look at his actions though, he walks the walk more than anyone I've ever seen I know this may come off as just some Elon fanboy take, but having followed the man and his endeavors for years, based on all of the evidence we have, this really is where I land