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by gruez 147 days ago
>2. Elon's Trillion Dollar Payout is tied to a certain number of FSD Subscriptions.

That wording is misleading because so far as I can tell, that payout is in tranches, and the FSD subscriptions milestone is only tied to one of the tranches. Therefore it's not as if 1 trillion dollars is riding on whether he gets enough FSD subscriptions, only 1/12th of that.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/0...

2 comments

1/12th of that is still US$ 83 billion. Think it's still quite a big incentive to try to juice up the metric.
10 million FSD subscriptions is a really big number to achieve.