News for hackers. Stuff that matters.

A comment on Musk's XAI Has Discussed Deal for Share of Future Tesla Revenue. Parent comment

Re:Musk's XAI Has Discussed Deal for Share of Future Tesla R... by Zigurd on Monday September 09, 2024 @01:46PM (#41491256)
Suppose you were offered that job. Reasonably, the board (full of Elon's buddies and relatives) will want almost all your compensation tied to the share price. The share price is down by half from the peak, but still has 10X the PE ratio of Toyota.

Tesla will not get a new CEO without there being a severe crisis.

[ Parent | on HN ]
Re:Musk's XAI Has Discussed Deal for Share of Future Tesla R... by TheAlchemist on Monday September 09, 2024 @03:09PM (#41492340)
I'm not surprised at all that Tesla board doesn't do anything (it's all family & friends after all).

I'm very surprised that the SEC allows all of this.

[ Parent | on HN ]