- cross-posted to:
- economy
- cross-posted to:
- economy
Summary
A Delaware judge upheld her earlier decision to void Elon Musk’s $56 billion Tesla CEO pay package, ruling it was improperly granted due to Musk’s control over Tesla and flawed board negotiations.
Tesla’s attempt to overturn the ruling through a shareholder vote was rejected, with the judge warning against revising judgments with new facts post-trial.
Musk called the ruling “absolute corruption” and plans to appeal.
Meanwhile, Musk’s net worth has surged, driven by Tesla’s stock jump following optimism about his alignment with Trump’s policies.
I think hurting his ego also hurts him, just look at the amount of people that get banned from X for doing it.
Dang, so instead of deleting my account I should’ve got it banned… That would’ve been better