Ich habe Elon Musks Gehalt erhöht
Wer meine Serie über Geldanlage im STANDARD kennt, weiß: Ich besitze Vanguard-ETFs. Dort lege ich den Großteil meines Geldes an. Darum musste ich beim Lesen dieses Textes bei 404 Media, einem neuen Indie-Medien-Start-Up, schmunzeln:
What this means in practice is that, because of its millions of investors who put billions of dollars into its investment vehicles, Vanguard itself has 232 million Tesla shares, and owns 7 percent of the company. It is the second largest shareholder of Tesla stock, behind only Musk himself. This money is not actually “Vanguard’s,” it is the money of all of the investors and 401(k) holders using Vanguard to invest. But Vanguard does not ask those individual investors if they want to give Elon Musk a gigantic raise. Vanguard votes on their behalf.
This is exactly what happened with Musk. On Friday, Vanguard announced that it has changed its vote from “no” to “yes” on whether Musk deserved a massive new compensation package. In an investors note originally obtained by Reuters, the company said it had switched its vote “given the strong alignment of executive pay with shareholder returns since 2018 and the benefits the board asserted related to the motivational value for the CEO in preserving the original deal.” Vanguard also voted to allow Musk to relocate the company from Delaware (which is the site of a big lawsuit about Musk’s pay) to Texas.