- Via the BBC: Gunshots end months-long Canadian ostrich cull saga that captivated RFK Jr. That’s quite a headline.
- Via the BBC: Elon Musk’s $1tn pay deal approved by Tesla shareholders. I simply do not believe thay Musk, or anyone, provides enough value-add to justify this kind of compensation package.
- Via KJZZ: Arizona teachers’ costumes weren’t about Charlie Kirk. They’re facing death threats anyway. An example of the internet coupled with partisanship and a lack of critical thinking.
- From David R. Lurie at Public Notice: Mike Johnson’s lies keep getting lost in the facts.
- Via techdirt: 60 Minutes Edits Donald Trump Telling Them 60 Minutes Should Edit Donald Trump Talking About How 60 Minutes Paid Him For Editing Kamala Harris.
- Via the BBC: How Trump is remaking the White House in his own image. A lot of this would be cartoonishly funny if it wasn’t being done by POTUS to the White House.
Lazy Sunday Tabs
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9 responses to “Lazy Sunday Tabs”
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I simply do not believe thay Musk, or anyone, provides enough value-add to justify this kind of compensation package.
Tesla stock P/E ratio is 296. That is utterly ludicrous for a company that is bleeding sales worldwide and hasn’t innovated anything in years.
For comparison, the average P/E ratio of the NASDAQ just before the dotcom bubble burst was 175.
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On the KJZZ link:
Maybe the sheriff from Perry Co., TN should take a look at this so he understands what actual threats to schools look like.
I’m curious if either of these people will be investigated, much less jailed, for these threats.
“Keep blocking us, we’re coming for you. Literally driving to Tucson as we speak. You f-cking wait,” someone messaged the district on Facebook.
“Your teachers need to be school shooting victims. Sign them up. Time to make them actually look like this. Bang. May people sh-t on their graves for the next eternity,” another person wrote.
It is comforting to know that TPUSA is continuing CK’s legacy of peddling inflammatory nonsense. Ya know, everything in its place, and all.
This whole “concerned parents” thing is maddening to me for so many reasons. But at this very moment, there are millions of parents who have concerns about real problems: providing basic needs for their children. But by all means, TPUSA, continue feeding paranoid delusions.
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In the sports world, there’s a notion of “value above replacement”. That is how much does ballplayer X do for you over and above the replacement-level talent of a player, which is actually fairly easy to figure out.
Replacement-level talent as a CEO may be a little harder to figure out.
But nobody’s value above replacement is a billion bucks, let alone enough more than that that it is worthwhile to pay them a billion bucks.
Thing is, it’s probably all in stock incentives, so it doesn’t really cost the board much.
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In my younger days, we did a lot of traveling in British Columbia. And we ran across a few ostrich farms. So I had to look up where this one was. But no, I’ve never been closer than 100 miles or so to it. That is a fairly remote area of BC.
It’s a small farm, and remote. So how does something like this ever get international press attention?
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@Jay L. Gischer: Except Tesla is less of a company delivering a physical product than a lifestyle company delivering an image and an idea.
Musk is a cheerleader, to rally the stock price. The innovation he provides is being a shithead that gives a certain type of investor a woody.
Another man could not do that as well. (There are probably a handful who could, Trump, etc)
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@becca: “The hoops Elmo has to jump thru to collect on that obscene pay package make it pretty apparent this is more publicity stunt than anything else.”
Then we should be all milking it for all the publicity it can get. If Democrats can’t win saying it’s obscene that one man should get paid the salary of seventeen MILLION people making the average salary at Tesla (that is one trillion divided by the $57,000 average) , then they might as well just give up.
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@Jay L. Gischer: “So how does something like this ever get international press attention?”
A rich white famous person mentioned it. That’s how the press works these days.
