4 ms·
Thrown out by a judge in the most corpo state on the country. It was so embarrassingly badly handled they couldn't even rubber stamp it.
by paulryanrogers 3y ago
Thrown out by a judge in the most corpo state on the country. It was so embarrassingly badly handled they couldn't even rubber stamp it.
- thaumasiotes 3y agoIt was handled fine. If it had been badly handled, it would have been thrown out on those grounds. Instead, the grounds were "there is no reason for Elon Musk to be paid this much".
- kasey_junk 3y agoNo it really wasn’t. Delaware goes out of its way to trust corporate boards to make business decisions, especially around compensation. In this case Tesla screwed up at least 3 different standards that are generally biased towards the company against shareholders. Only the last of those 3 standards has anything to do with relative compensation. https://www.bloomberg.com/opinion/articles/2024-01-31/elon-musk-is-overpaid?embedded-checkout=true https://www.bloomberg.com/opinion/articles/2024-01-31/elon-m...