Tesla made a video showing all the cool things they are doing and asked their investors to vote yes for Elon Musk's big pay package. The pay package is worth a lot of money, but some people think it's too much. Elon Musk thanked the team for making the video even though he didn't ask them to do it. Soon, the investors will decide if they want to give Elon Musk his big pay package or not. Read from source...
1. The headline is misleading and sensationalized, as it implies that Elon Musk did not want or expect the video from the Tesla team, which contradicts his tweet thanking them for their initiative. The article should have clarified this discrepancy instead of creating confusion and doubt about Musk's reaction.
2. The article fails to mention that the video was made in response to a lawsuit filed by Tesla shareholder Richard Toren, who accused Musk of breaching his fiduciary duty by pursuing a pay package that was excessive and not aligned with the company's long-term interests. The video was an attempt to counteract this accusation and persuade shareholders to vote in favor of Musk's 2018 pay package, which was challenged for being too generous and risky.
3. The article presents Tesla's achievements and developments as a way of justifying Musk's compensation, without providing any objective or comparative analysis of how they contribute to the company's value creation and performance. The article also does not acknowledge that many of these achievements and developments are still in the early stages of testing, validation, or commercialization, and therefore may not have a clear or immediate impact on Tesla's financial results or market position.
4. The article uses emotional language and phrases such as "at risk", "protect Tesla", and "unfathomable sum" to influence the readers' perception of the situation and elicit a negative reaction towards Musk's pay package, without providing any evidence or arguments to support these claims. The article also does not consider that Musk's compensation is tied to Tesla's long-term performance and growth, which aligns his interests with those of the shareholders and encourages him to pursue ambitious and innovative goals for the company.