From near-bankruptcy in 2018 (as Elon slept on the Model 3 factory floor), the value of Tesla went to the moon (needing no rocket from SpaceX). Our clients believe the contract with Elon should be honored and that Tesla is significantly less valuable without him and the 2018 incentive-based agreement that produced these results.
At the time the contract was made (2018), the performance targets were so ambitious that Wall Street’s “smart money” said Elon would never hit those targets and would never be paid. The smart money was half-right: the performance targets were met (all of them) but Elon may never be paid.
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