🎁 "Max" received $140 billion. Is he living large or just shifting money around?

The Delaware Supreme Court gave Elon Musk the green light on his legendary compensation package from Tesla 🚗⚡

The package was approved back in 2018 — at that time it was worth $56 billion.

Today, thanks to the rise in TSLA shares, it's already $140 billion 💰

Sounds like a feast during a plague?

Not quite.

🤔 The nuance is that this is not bags of cash, but shares.

In fact:

— Tesla shares from one pocket of Musk

— shifted to another pocket of Musk

— the company didn't lose any money

Yes, it looks lavish. Very lavish 🐳

But if Tesla is growing — Musk is getting richer along with the shareholders.

The cherry on top 🍒

In November, shareholders approved a new plan for $1 trillion over the next 10 years.

If he meets the targets — he will again "shift" a couple of pockets.

The model is simple:

📈 shares go up — Musk "lives large"

📉 they go down — no bonuses

📌 This is the predatory grin of capitalism 🐅🤑