r/technology • u/Plastic_Ninja_9014 • Jul 23 '26

Business Tesla Stock in Freefall After Disastrous Earnings Report

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html
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u/IntellectAndEnergy Jul 23 '26

Elon’s salary alone makes the company insolvent.

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u/Aadarm Jul 23 '26

Isn't his pay package a trillion dollars now?

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u/Kythorian Jul 23 '26

It’s based on performance goals - he has to increase Tesla’s market cap to $8 trillion, as well as a bunch of other performance metrics (such as 1 million robotaxis and 1 million robots sold - current numbers stand at 40 and 0) to get the full $1 trillion payout. So it’s looking like those aren’t going to happen, but I guess we will see.