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Lucid CEO's $379 million annual pay draws criticism from Elon Musk
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The companies revenue was only $608 million in 2022.
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Says the man who made billions in the same exact manner
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Similar to how musk’s options contracts were structured. You hit certain milestones at Tesla/lucid you unlock your options approved by the board
Keep in mind Tesla was also not profitable until a few years ago
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- fortune.com/2023/09/05/l...
It’s almost all in stock compensation so from 50-5 it’s probably not as large as it used to be