Gary Steele
28.7K posts
Gary Steele
@GarySteele88
@garysteele3110(YouTube) @garstel7( Instagram) @garstel77( Tik Tok)
Mississauga, Ontario Katılım Aralık 2023
2.6K Takip Edilen2.7K Takipçiler
Gary Steele retweetledi
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Thank you
Stock Talk@stocktalkweekly
In 2018, Tesla $TSLA was worth just under $60 billion. They signed a 10-year CEO extension & compensation deal with @elonmusk , which offered him *zero base compensation*, but up to $55 billion in compensation if, and only if, he could more than *10x the company's value* to $650 billion, a feat no CEO has ever accomplished. By 2020, less than 3 years later, Tesla did indeed hit a $650 billion market cap, despite the skeptics who literally called it "laughably impossible" when the plan was publicized. Now, the Delaware courts are shooting down that compensation package, citing that the Board of Directors were not truly independent and that shareholders weren't aware of the Board's relationship with Musk. This is a joke, an insult to basic capitalist principles, and a mockery of the work that Elon put in to grow Tesla to this point. Below is a clip from 2018 highlighting how wildly ambitious these milestones were considered by the media at that time:
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@stocktalkweekly @elonmusk High benchmark performance standards
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Gary Steele retweetledi
In 2018, Tesla $TSLA was worth just under $60 billion. They signed a 10-year CEO extension & compensation deal with @elonmusk , which offered him *zero base compensation*, but up to $55 billion in compensation if, and only if, he could more than *10x the company's value* to $650 billion, a feat no CEO has ever accomplished.
By 2020, less than 3 years later, Tesla did indeed hit a $650 billion market cap, despite the skeptics who literally called it "laughably impossible" when the plan was publicized.
Now, the Delaware courts are shooting down that compensation package, citing that the Board of Directors were not truly independent and that shareholders weren't aware of the Board's relationship with Musk.
This is a joke, an insult to basic capitalist principles, and a mockery of the work that Elon put in to grow Tesla to this point.
Below is a clip from 2018 highlighting how wildly ambitious these milestones were considered by the media at that time:
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@elon_docs Brilliant.... Powerful.... Amazing... Fascinating... Interesting... Intriguing
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Gary Steele retweetledi
Here's an early presentation of SpaceX by Elon Musk in May 2005, less than three years after the company's creation. We recovered/recreated the slides and inserted them along with the launch video simulation that couldn't be played at the event.
Timestamps:
0:30 SpaceX was started to reduce launch costs, to become a multiplanetary species
01:53 Preliminary study group: Is there a physical limit to having cheaper rockets?
3:31 SpaceX as the Southwest Airlines of space
5:25 The company's structure, locations & principles
7:04 Current progress on rockets & contracts
8:21 SpaceX's facilities
9:22 Falcon I launch simulation video
11:05 Details about manufacturing
12:08 Falcon I
13:58 Merlin engine
15:06 Falcon V
16:18 Pictures from test sites & engine tests
Q&A
17:48 Throw-weight of Falcon V to Mars
18:33 Next steps after Falcon V
19:48 Cost of range regulations
20:09 Non-reusable parts of the first stage
20:33 Test & launch timeline
23:02 Working with suppliers
24:13 NASA test facilities
25:21 Falcon V launch cost
25:47 Falcon V for manned missions
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Gary Steele retweetledi
@elonmusk Beautiful ❤️.... Powerful.... Amazing.... Tremendous.... Excellent... Outstanding..... Incredible
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