Investor Ross Gerber highlighted Meta's $23.6 billion share buyback as a cautionary example for Tesla shareholders regarding the significant costs of offsetting dilution from stock-based compensation.
- Meta shares are trading at $639.90 (+0.42%) in pre-market sessions following a previous -2.81% decline.
- The commentary emphasizes that large employee stock packages represent real expenses to shareholders that require aggressive capital allocation to manage.
- These obligations are being weighed against Meta's massive capital expenditure plans, which are projected to reach $115-$135 billion by 2026.