TESLA
TESLA
Out of context: Reply #113
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Elon Musk and the Decline of Tesla
The megalomaniac CEO extracted $48 billion from his shareholders. But the company’s future does not look good.Perhaps more tellingly, $48 billion represents about four times Tesla’s entire net profit for 2023, which is also its most profitable year ever. In an ordinary company, most of that compensation would go to shareholders rather than the CEO.