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by dragonwriter
1467 days ago
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> He doesnt pay from his pocket. About 1/6 of the pay comes from his pocket, since he owns about that much of the company. > He may be founder & CEO. But he is an employee as much as those five. His main relationship to Tesla is as it's controlling owner, not an employee, though, yes, he's also an employee. That's pretty different from every other employee. |
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Sorry, pls explain me this business logic. 1/6th is his ownership which is mostly tied to stocks. The pay comes from liquidity(arising from sales, selling bonds & any additional stock dilution from the organization) Unless I am completely misinformed about how business accounting works. Ownership doesnt pay unless they sell their stocks to pay(which he did through raising funding through stock hypothication in the past)