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.
I hasn’t happen yet. It is precisely Elon’s job to get those $125 from every human (or whatever the exact number is). If he succeeds at that, only then does he get paid $1T.
Right. The point people don’t get is that he only gets paid if and after he raises Tesla numbers by trillions. The difference between him and those who complain is that there are some people at Tesla who think he can do it.
It is though. The technology to build anything in today’s world, including Teslas, is built on the foundation of all prior human labor and innovation. Nobody ever builds anything “from scratch,” and therefore nobody can claim sole ownership over any invention. Capitalists just use force to steal the product of all of that for themselves.
I think it’s a very important frame. Everyone should have a good, long think about how much money it costs them that billionaires exist. And it isn’t distributed evenly, basically every european and american has spend tens of thousands of dollars so that some people have more money than they could ever spend and use it to pay politicians to keep that dough rolling in, stabilising a system of redistribution of wealth from the poor to the rich.
The same holds true for rich and poor countries. Most poor countries today are poor because they have been plundered in one way or another.
1 trillion dollars divided by 8 billion humans could pay each and everyone if us 125 dollars, which would go a long way in poor regions.
Or, framed differently: Tesla stole 125 dollars from every human alive to give it to Elon Musk.
I hasn’t happen yet. It is precisely Elon’s job to get those $125 from every human (or whatever the exact number is). If he succeeds at that, only then does he get paid $1T.
He has to bring in 8.5 trillion to claim his trillion. So $1000 from everyone on earth.
Right. The point people don’t get is that he only gets paid if and after he raises Tesla numbers by trillions. The difference between him and those who complain is that there are some people at Tesla who think he can do it.
deleted by creator
The different framing is a weird take, that’s not how this works. He’s an asshole and this is insane, but that’s just not how this works.
It is though. The technology to build anything in today’s world, including Teslas, is built on the foundation of all prior human labor and innovation. Nobody ever builds anything “from scratch,” and therefore nobody can claim sole ownership over any invention. Capitalists just use force to steal the product of all of that for themselves.
Yeah I’m not a moron
I’m talking about the actual pay package.
In the grand scheme of things, thats how it works.
If you ignore every nuance about the pay package and assume the global economy is a zero sum game…sure
I think it’s a very important frame. Everyone should have a good, long think about how much money it costs them that billionaires exist. And it isn’t distributed evenly, basically every european and american has spend tens of thousands of dollars so that some people have more money than they could ever spend and use it to pay politicians to keep that dough rolling in, stabilising a system of redistribution of wealth from the poor to the rich.
The same holds true for rich and poor countries. Most poor countries today are poor because they have been plundered in one way or another.