Ross Gerber of Gerber Kawasaki via Twitter:
The Tesla comp package is insane. Elon makes nothing unless the stock almost doubles and he reaches $20 bil in rev or $1.5 bil in EBITA. If he does he makes like $400 mil in option gains. Then goes up in $50 bil increments of market cap. I like it! His strike is $350
I think Elon’s stock incentive plan will easily pass shareholder voting since ultimately I think it’s aligned with shareholder interest.
I took delivery of my new Model 3 about a week ago and I am thoroughly impressed.
The Model 3 is an amazing car. First, the car looks and feels like a Tesla. I’m glad that they kept many of the exterior design features of the Model S as the Model 3 looks like a slightly smaller Model S. Driving the cars feels like vintage Tesla. Instant torque, seamless acceleration, and great handling. In fact, since the Model 3 is a smaller car, it handles curves much more adeptly than its big brother the Model S. Under 60mph, the Model 3 is a much more fun and nimble car to drive. At the end of every day this past week I was left thinking, “Wow! This is a great car!”
The interior of the Model 3 is the future of Tesla interior design. I personally think they nailed the interior design and it feels great inside. The seats feel great. The simplicity in design is stunning. I was quickly able to get used to the 15” center screen and wasn’t bothered by the lack of a driver console screen. Some people online have complained about how some of the functions work on the 15” screen, but I know all of the software can and will be improved upon. What they have right now is a fantastic start and is more than capable.
Last night I was able to attend the Tesla Semi event at Tesla’s Design Studio in Hawthorne. As usual, gobs of Tesla enthusiasts cheered and were blown away by what Elon and his team shared about the Tesla Semi and the unexpected new Tesla Roadster.
