3 ms·
Having friends in the board is fine. Using it for excessive compensation is not. The court argued that Elon effectively has a full control on the board and they
by summerlight 3y ago
Having friends in the board is fine. Using it for excessive compensation is not. The court argued that Elon effectively has a full control on the board and they failed to prove whether the package is fair, hence Elon effectively set the package himself. I don't know the technical details on the "fairness" so won't talk about this though.