A few days ago, the U.S. court in Delaware ruled that:
Tesla Motors CEO Elon Musk's $56 billion compensation package was ineffective, and the company's board of directors failed to ensure that the compensation plan was fair.
56 billion US dollars is equivalent to 402.164 billion yuan, objectively speaking, this salary standard is absolutely unprecedented, but since 2018, the salary plan confirmed to Musk has been ruled invalid, what is going on? First of all, it depends on Musk's attitude, and its related dynamic is "Never incorporate your company in The state of Delaware" , meaning never to register your company in Delaware.
It seems that Musk is very annoyed, and it is no wonder that this standard is a serious and wealthy person.
And the reason for this result is also because the $56 billion salary is really rich, and Tesla's board of directors is not happy. For example, Richard Tonetta, one of its directors, believes that Musk was too influenced by Musk when formulating his compensation package, and the plan is not completed by the company alone, and the subtext is nothing more than that the plan is unfair to the other shareholders of the company, and he believes that Musk is only "part-time" at Tesla, because it also has Space X, Twitter, Boring Company, Neuralink and other companies, so Musk's contribution to Tesla does not seem to be a lot, so it is obviously unreasonable to get such a high salary (so that people can envy).
It is not unreasonable to rationally interpret the attitude of its board of directors, Musk does objectively own many companies, and does not focus all or most of his energy on Tesla, so it is reasonable for other directors to have such a view, and there is no problem with Delaware's ruling, but such an operation does have the flavor of unloading and killing donkeys.
The same rational interpretation of Tesla, the success of this brand mainly relies on Musk's personal influence.
Share this view?
Elon Musk is not a simple entrepreneur in the automotive field, and his role is not simply a decision-maker, but more like Tesla's "celebrity spokesperson";
If Musk didn't have so many companies, and didn't have businesses like Starlink and Brain-Computer, which felt sci-fi when you thought about it, what would Tesla be?
Now there is no shortage of electric vehicles with strong performance, good handling, and mediocre range, and the main hardware assembly of Tesla cars relies on suppliers; it can be said that other mature car companies can create products of the same or higher level in minutes, and Tesla can be suppressed at any time in terms of product power, and objectively there are indeed a number of vehicles with comparable or higher product power, but the performance of these cars in sales is not as good as Tesla.
The reason is precisely because Tesla has Musk, and Tesla's brand image and Musk's character image have been deeply bound, so Tesla also has some aura.
Epilogue:
Tesla's rejection of Musk's compensation package is reasonable but not smart, assuming that Musk can copy a new brand with comparable sales at any time if he leaves Tesla, and Tesla may lose a large market share if he leaves Musk. Therefore, regardless of whether Musk's compensation plan is denied or not, in the end, with Musk's personal influence, his loss may not be very large, on the contrary, Tesla's loss may be incalculable.
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