What would it mean if SpaceX buys Tesla though? Does the combined market cap count? That would be wrong. Tesla buying SpaceX just for hist bonus and then rebranding to X would be classic Musk.

It's a game for him, but so ridiculous. While Tesla was pushing electrification and SpaceX pushing rapid rocket re-use I kind of tolerated Elon's antics, but since he got involved in politics and DOGE I can't bear it anymore.

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lesuorac an hour ago | parent [-]

> Does the combined market cap count? That would be wrong.

It counts and it's not wrong.

Sure, the Tesla award takes into account any M&A but growing a 2T company to 3T is a 50% increase. While growing a 1T company to 2T is a 100% increase so it's expected to be easier for him to hit his award targets with the companies merged as opposed to not merged.

	▲	xmprt an hour ago \| parent \| next [-]
		If we combine the market cap of the entire S&P500 we get close to 70T. That doesn't mean any of those individual companies are any more valuable or any of the investors are any richer. It makes no sense that Tesla shareholders would be ok with paying out a performance bonus just for M&A that doesn't grow the value of Tesla and would just dilute their shares.
	▲	andruby an hour ago \| parent \| prev [-]
		I understand Tesla acquiring other companies counting to the cap, but Tesla _being acquired_ by another company, why would that count?