Ross Gerber Says TSLA Stock Dilution Would Be Equivalent To $275 Million/Day If Elon Musk's Pay Package Passes

Gerber Kawasaki’s Ross Gerber warned that Elon Musk’s trillion-dollar Tesla pay package could heavily dilute shareholder value, estimating the impact at $275 million per day. Norway’s sovereign wealth fund, CalPERS, and proxy firm Glass Lewis all oppose the plan, citing dilution and key-person risk, while Cathie Wood and others argue it will pass decisively.