NBA fans had a field day across social media overnight when rumors began spreading that Miami Heat star Jimmy Butler got intimate with ESPN anchor Rachel Nichols during the 2020 NBA bubble.
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If I remember correctly, Lee’s was a bit riskier since GM’s stock at that point was tanked due to the fuel crisis, cheap Asian imports and Lee’s personal reputation wasn’t super high (still respected though) after having been recently fired by Ford in the 70s for spearheading the Pinto (even though Henry Ford Jr forced his hand and sped up the production cycle for that car). Oh no, the worst thing is how fucking voters and consumers think this is clever. Case in point, Trump’s decades of tax dodging, shady deals, and stiffing contractors “makes him smart”.Wealth worship is a fucking national security threat. A lot of these fucking bootlickers simply cannot look past a big bank account.
They really do believe being rich just makes you better. Head to your golf game, Donnie. You earned it. Not like that Obama elitist who rose up from basically nothing during the civil rights era. That’s NOT how stock compensation works though. Musk wasn’t “paid” anything but his wage, $56,000, from Tesla. That’s the amount that came directly from Tesla’s operating revenue. Cutting his salary entirely would have maybe been able to keep one person. He is compensated mostly in stock options, which mean that he can choose to buy stock in the company at a predetermined rate and can sell it at a predetermined time For example, if his compensation package gives him the option to buy stock at $50 per share, and he buys 1MM shares, and the stock goes up to $150, then he would make $100MM buy selling it. Realistically, the option was negotiated back when Tesla stock was very low. It IPO’d at $17 per share, so his options were likely FAR lower price. Unless his contract changes, then he can still buy stock at the same price as when he negotiated that option. If it was $5 and he is allowed to buy up to 2MM shares per year and sell after one year, then he would make a ton of money from those stocks because the current price is over $200 per share.
SOURCE : heatnation
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