Seth Fiegeman

I mean, somewhat ironically, when ISS recommended a vote against it, it failed.

took into account that it specified that there was a lack of precision in some of the milestones, but also simultaneously said that the milestones didn't give the board enough discretion in the future to adjust it.

So, you know, I think it's a no-win situation in terms of writing a plan like this, because obviously unexpected events can occur that you can't fully anticipate.

in writing the plan.

So I don't think those are particularly problematic.

I mean, I think probably the most common criticism I've heard is that the initial, the first step of the milestone at $2 trillion market cap

people would say have said it's it's too easy to achieve- but I think what that doesn't fail to appreciate is that.

The market is already priced in the fact that it believes this pay package will pass.

And that Elon will be retained for at least some period of time so it's probably

priced in his value already.

And it's a situation where he's kind of cursed by his own success of making the milestones easier to achieve because it's already priced in the value of his contribution.

So I sort of feel like some of the criticisms have been a bit unfair in that regard.

So, I mean, the pay package now had the benefit, if you want to call it that, of a completely adjudicated Delaware opinion on that 2018 pay package.

So they were able to address just about everything that the chancellor identified in that, including a totally different

having a special committee this time with totally different composition, addressing all the procedural aspects that the chancellor took issue with in the court opinion, as well as producing an extensive report that is more extensive than anything that I recall seeing in recent memory to try to address all those concerns.

In addition to, of course, the shareholder vote.

I think it will.

Yeah, I think the shareholders other than Musk and Kimball will vote very substantially in favor of it.

Frankly, the main criticisms I hear are certainly not coming from the retail shareholders who overwhelmingly are not just supportive, but I think are nervous that it won't pass by enough.

And I think the value that Musk brings to this company