Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

GGP asked whether collective action returns a sustainable slice of corporate revenues, i.e. do unions demand so much that it harms the company. I’m saying that they should look at executive compensation through the same lens.


Elon isn't hired management. He built the company, and risked all of his personal assets in doing so.


From what I understand, Musk as an already wealthy man would be able to easily protect his personal assets if Tesla were to declare bankruptcy. He would be fine, employees, living paycheck to paycheck, would not be.


And that appears to be another non sequitur. It was Elon's personal assets which caused those paychecks to exist in the first place. Elon has risked over 100% of his personal wealth on multiple occasions and there are moments in Tesla's history where if the company had failed, Elon would have fallen back into deep debt.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: