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.
Wasn’t happy with the last ones what was it like 42?
Fuck this guy so fucking hard.
People don’t understand.
If $50bn was stacked $10 bills, it’d be real high up neat. But if it was ripped over and on the ground… .it’d take OVER 10 HOURS AT HIGHWAY SPEEDS to drive its length.
For reference $1m would be like 20 parking spaces in $1 bills.
So… Like… Fuck man.