Musk demanding a $53 billion payout would be the equivalent of
Musk demanding a $53 billion payout would be the equivalent of
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Eric Roesch (@esg.hound) on Threads
A nifty little @threads post by esg.hound.
Probably a good time to point out that Tesla's total revenues since inception are $338 billion. Total Gross Profits are 73 billion and net income is 27 billion. Musk demanding a $53 billion payout would be the equivalent of
- 16% of total revenues since 2009
- 72% of gross profits since 2009
- 195% of net income (i.e. real economic profits) since 2009
It's lunacy and completely detached from reality