Tesla의 급여 패키지: 주주들의 우려와 일론 머스크의 리더십

엘론 머스크가 제안한 급여 패키지는 회사 실적 부진과 그의 리더십에 대한 우려로 인해 반대에 직면해 있습니다.

### 테슬라 주주들, 엘론 머스크의 560억 달러 급여 패키지를 두고 분열하다
* 🗳 Elon Musk가 제안한 **560억 달러의 임금 패키지**를 두고 주주들의 의견이 분분하며, 일부 기관 투자자들은 **Musk의 CEO로서의 실적 부진과 산만함**을 이유로 이를 반대하고 있습니다.
* 💰 이 패키지는 과거 거버넌스 문제의 연장선으로 여겨지며, **머스크의 비판자들은 현재의 요청이 주주들에게 잘못된 메시지**를 보낸다고 주장합니다.
* 📉 테슬라의 주가는 **2018년부터 2021년까지 크게 상승**했지만, **머스크의 최근 실적**은 면밀한 조사를 받고 있습니다.
* 🏃 ↪f_200D↩♂️ 비평가들은 머스크가 과거만큼 테슬라 운영에 **적극적으로 관여하지 않아 회사의 미래에 대한 우려**를 낳고 있다고 주장합니다.
* 👥 많은 개인 투자자와 테슬라 애호가들은 **머스크를 지지**하지만, 기관 투자자들은 대체로 **급여 패키지에 반대**하고 있습니다.
* 🏛 급여 패키지에 대한 투표는 구속력이 없으며 법적 효력이 없으며, **Tesla는 그 결과를 델라웨어 법원에 항소**할 계획입니다.
* 🌍 급여 패키지가 부결되면 **머스크가 테슬라를 떠나거나 회사 내부에 큰 혼란**이 발생할 수 있기 때문에 **투표 결과가 매우 중요**합니다.

Are you voting for or against? Well, I voted against the pay package mostly because I feel like it's a continuation of the disaster of the board of directors of Tesla's created work by doing the pay package wrong the first time and just trying to ratify the same thing. I think is just creating a lot more issues and problems than if they would have just done a new pay package and done this correctly the first time. So, you know, at this point, paying Elon $50 billion when you've seen the performance of the company falter since its purchase of Twitter and he's made really no effort to sell vehicles and in a huge effort just to get his $50 billion. It really is the wrong message to send to shareholders corporate governance. Basically, this is a, you know, case study in how boards of directors can be so horrible, so horrible. Max, your take and returns. I want to go too much traffic in here on

the fact that the share price is
still a lot higher than it was perhaps back in 2018 has come down from its
heady heights of 2021 when it was eclipsing more than $400.
But your perspective here on on him being distracted as Ross talks to.
Yeah, I think we're looking at a close vote here because on one hand you have
historically Elon Musk has been able to basically get anything he wants from
Tesla's investors. And there has been this feeling among
investors and especially among the board, which of course includes a lot of
Elon Musk's friends, loyalists, even his brother, that he can basically do
whatever he wants, whatever he wants is good for Tesla.
On the other hand, he has not performed well by any normal metric as CEO over
the last year or so. You know, the stock is down.
There are all these distractions. You know, the Wall Street Journal story
today is just the latest example, right?

It's just been a series of kind of misfires, difficulties with poor stock performance. And at the same time, Musk is asking for $56 billion. Now, of course, he'll say, well, this is an older pay package. You look at the five-year trajectory, it's great. But again, not every investor is going to be swayed by that. Yeah, to be fair, it went from what, a price of about 20 in 2018, Ross all the way up to nearly 420 21. I'm interested, therefore, in your view of him as a leader right here, right now. He says, Look, if you don't give me more control of the company of Tesla, if you don't give me this money, I might walk, I might do more stuff over X, I would that worry you? Well, I think he's already done that, in fact. So that's why the performance of Tesla

has been so poor since he purchased Twitter is because he's not working at Tesla. You know, he's been, you know, we consider him the pigeons CEO now flies in, kind of craps on everybody, flies out. And, you know, it's just not running the company compared to 2018 when he was sleeping there and working 24 seven to to build this wonderful company. So, you know, I benefited greatly from the success of Tesla, but I also took enormous risk investing with tech with Elon over the last ten years. And many thought the company was going to go bankrupt five years ago. And I supported him through all this. And so the fact that I benefited greatly as a shareholder was a byproduct of the risk I was willing to take on Elon and that it paid off. It was great. But that doesn't change where we are today. And that's the issue is what's going to happen in Tesla over the next five years.

Cathie Wood's obviously wildly optimistic, but if he leaves the company because he doesn't get what he wants, well, where's Tesla going to be in five years, right. So the fact that he has so much money, he's got 80, 90, $100 billion in net worth in Tesla, but yet that's not incentive enough to work at Tesla. I mean, he made over $90 billion just in gains from the stock he owned already. So it's not like he hasn't benefited greatly from Tesla's success. And so this is why this whole thing is outrageous and ultimately going to cost shareholders $25 billion of tax that we'll have to pay for when he gets this award, if he gets it, because that's the taxable consequence that shareholders are going to have to pay. So this is a tough situation for shareholders. Interesting context that, Max, the shareholders you speak to, the way in

which you do your reporting for
e-learning. I mean, you said it's going to be a
close call here. Have we heard from some of the big
institutions as to whether they support him and why would they support him?
Yeah, broadly speaking, there are some exceptions to this, but you have a lot
of institutional investors who are opposed to the pay package, and then you
have a lot of retail investors. Basically, many of these people are
just, you know, Tesla enthusiasts, people who are who really care about the
brand and really care about Elon Musk. And they are by and large supporting
Elon Musk, at least to to to talk about our reporting.
And what do you want? Musk himself is saying take that with a
grain of salt. So you have those two things kind of
intention. And the question is who shows up to
vote? And you know, how many of them are
there?

Tesla has been campaigning really, really hard over the last couple of weeks. We talk that on the podcast. You have videos, there's a video of Optimus, the Tesla robot, talking to people saying, Oh, you should vote your shares. And as we said on the podcast that dropped yesterday, you know, they've been calling Tesla employees. You've seen a lot of former Tesla employees show up on Twitter in support of this. So there's a lot of activity. It's almost like a political campaign. Yeah, Yeah. Weigh in here, Ross. No, I mean, I've gotten calls and emails and all kinds of ads and and I was like, so insulted that after a year of saying that Tesla needs PR and Tesla needs ads to sell model Y's and sales going down and down and down, then they pull out all the stops for Elon's pay. They have a PR team actually working there. I mean, I can't even tell you how.

obnoxious it is that this is about his
pay. The richest man in the world while the company is languishing and can't
sell model Y to save their lives. And they're discounting him left and
right, and they won't run an ad. So I think this is become like a
referendum on Elon. And, you know, it really shouldn't have
been. And this is really just, you know, a
horrible situation for Tesla shareholders.
Ross, can I dig in on the PR team working double time because they are
surely working double time today. And there is this Wall Street Journal
report which we cited earlier in the show where Elon Musk is being accused of
having pursued women working over at SpaceX.
This is Wall Street Journal reporting. But does this affect you as a
shareholder of Tesla and your viewpoint of him as a leader?
I don't think he's pursuing women. I think, you know, I don't know what he
really does, but I wish he was spending

more time with women, to be honest.
I think that would help him greatly if it was in a positive way.
But I don't see him as that type of person.
I think he's very, very focused on his goals, which is getting off earth,
replacing human the human race with robots and and living on Mars by
himself. So, you know, I don't know.
I don't know, but I don't take these kind of claims.
Personal claims as valid unless they're actual, you know, proof of this stuff.
Okay. So questioning some of the reporting
that. Ross I'm interested, Max, and ultimately
where we go after this vote, because if it's a referendum on Elon Musk himself
and it doesn't go his way. Well, it doesn't actually.
Or even if it does go away, it doesn't actually affect whether or not the money
goes to him. It's still all about a judge, right?
Yeah, we talked about this earlier this

week.
This is not a binding vote. It also doesn't it doesn't have any
legal consequences. Tesla's hope here is that the vote is
overwhelmingly in support. They take it back to the Delaware
courts, and this is part of their appeal.
And that is the plan. Kind of a novel legal strategy to save
this pay package so they don't to renegotiate it.
I think the challenge here and what will be really difficult for shareholders,
probably Tesla employees as well, is if the vote does not go his way, where does
it go? Because because we know from having
followed Elon Musk, he is not going to be happy.
He's already made threats. You know, as Ross is alluding to, to,
you know, sort of essentially take his talents elsewhere.
And you do wonder if he's faced with a smaller pay package.
Well, how much smaller is it going to be?
And then it becomes this challenge of

like keeping Elon Musk motivated, which
again, is funny because he's getting paid a lot of money one way or the
other. And he's also said that Tesla is his
life's work. On the other hand, he is very hot.
He has zany. You know, there is there is this threat.
So you worry if you're an investor, that he's going to like take his ball and go
home and that that and that could lead to massive upheaval at Tesla if that
were to happen.

Tesla Investor: Pay Package Vote a ‘Referendum on Elon’

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테슬라의 CEO 급여 패키지에 대한 논란

엘론 머스크가 제안한 500억 달러 규모의 급여 패키지는 회사의 실적 부진과 개인적 이익에 집중하는 그의 태도로 인해 반대에 직면해 있습니다.

머스크의 요구에 대한 이사회의 지지는 최근의 주가 부진과 운영상의 혼란으로 인해 도전을 받고 있습니다.

투자자들은 머스크의 과거 영향력과 현재의 성공적인 CEO 성과에 대한 필요성 사이에서 의견이 분분합니다.

엘론 머스크가 테슬라와 주주에게 미치는 영향

테슬라에서 엘론 머스크의 근무 윤리는 2018년 이후 크게 하락하여 회사의 미래에 대한 우려가 커지고 있습니다.

회사의 성공으로 이익을 얻었음에도 불구하고 일할 동기가 부족한 그의 태도는 주주들의 분노를 불러일으키고 있습니다.

이러한 상황은 잠재적으로 주주들에게 250억 달러의 세금을 부과할 수 있어 주주들에게 힘든 상황을 초래할 수 있습니다.

엘론 머스크의 페이 패키지 지원

많은 기관 투자자들은 엘론 머스크의 급여 패키지에 반대하는 반면, 개인 투자자, 특히 테슬라 애호가들은 그를 강력하게 지지하고 있습니다.

중요한 문제는 누가 급여 패키지에 투표할 것인가입니다.

테슬라는 정치 캠페인과 유사한 전술을 사용하여 적극적인 지지 캠페인을 벌이고 있습니다.

머스크의 급여 패키지에 대한 활동과 지지의 수준은 테슬라의 자동차 판매에 대한 홍보 및 광고가 부족한 것과는 극명한 대조를 이룹니다.

일론 머스크에 대한 비판과 방어

엘론 머스크는 월스트리트 저널에 보도된 비난을 비롯하여 테슬라의 실적과 그의 개인적인 행동에 대한 비판에 직면해 있습니다.

그럼에도 불구하고 일부 주주들은 그를 옹호하며 테슬라의 성공에 초점을 맞춰야 한다고 생각합니다.

현재 진행 중인 논쟁은 머스크의 평판이 회사의 미래에 미칠 영향에 대한 의문을 제기합니다.

엘론 머스크의 급여 패키지를 절약하기 위한 테슬라의 파격적인 계획

테슬라는 델라웨어 법원에서 항소를 강화하기 위해 구속력이 없는 투표에서 주주들의 압도적인 지지를 구하고 있습니다.

투표가 머스크의 뜻대로 진행되지 않을 경우, 머스크의 동기를 유지하기가 어려울 수 있으며 잠재적으로 Tesla에 큰 격변이 일어날 수 있습니다.

결과에 관계없이 머스크의 파격적이고 참신한 법적 전략은 그의 임금 패키지 재협상을 피하는 것을 목표로 하고 있습니다.