Elon’s comp package should be replaced with the same exact terms and milestones, only from 2025 on, so he can actually fucking earn it

Tesla will never again see the market cap, revenue, and EBITDA it achieved during and shortly after the pandemic. The associated stimulus, savings, and boosted discretionary spending drove a massive, unsustainable spike in demand.

Model Y LR-AWD went from $51,000k pre-pandemic to $65,990 during (30% increase). Now relatively back in line with pre-pandemic pricing at $47,990. Plaid price gouging was even more dramatic and egregious.

Tesla revenue will likely decline for the foreseeable future (next 3-4 quarters), and may struggle to exceed the historical peak for 1-2 years. Margins will never come close, and will only be pressured by tightening competition. Valuation toasted.

Elon’s comp package should be stripped and replaced with the same exact package and milestones (market cap $100-650B, revenue $20-175B, ebitda $1.5-14B), but only applicable from 2025 on, so he can actually fucking earn it.