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  1. Cory Steuben’s New Gig: Lucid Motors

    I am not even sure what you are trying to argue with that abstract concept. Anyway I think I have made my points clear enough to explain why I think Musk's package was earned and Rawlinson's package was not. And Yes, I think the $90B market cap for Lucid was only attributable to stock pumping at...
  2. Cory Steuben’s New Gig: Lucid Motors

    Yes. And the market cap comes from stock price. All you have to do is check the stock price chart to see that the stock did not stay at the high levels for a long time. I am not sure the Rawlinson's package was ever published. Remember, it was before the official merger. But several news...
  3. Cory Steuben’s New Gig: Lucid Motors

    In the case of Lucid, it does make sense framing it as a single year. Because it is solely based on stock performance at one point in time, not even a single year. No long term company related goals attached. Also as I have pointed out he received such similar stellar package in 2021 too. And...
  4. Cory Steuben’s New Gig: Lucid Motors

    Simply saying both are "nutty money" puts them in the same bucket. That's why I had to provide details and context. The point is it's not just the dollars. One should make investors delighted and the other should make them run for the exit. Big difference. Another important difference is...
  5. Cory Steuben’s New Gig: Lucid Motors

    Ummm. No. $12B in Net income. The Revenue was over $81 Billion. And, BTW, I think Peter Rawlinson had a handsome package in 2021 too. Musk's package was based on what he was supposed to achieve from 2018-2028. He just did it early.
  6. Cory Steuben’s New Gig: Lucid Motors

    As usual, the devil is in the details. For Musk's package the performance requirements were substantial, that many thought were impossible at that time. It's not just market cap. Every $50 Billion additional market cap that stays there for at least 6 months, only triggers the tranche. There were...
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