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I don't know the specifics of this, but the judge ruled in his favor and thus the severance package didn't include this. Elon musk literally have a whole team o

I don't know the specifics of this, but the judge ruled in his favor and thus the severance package didn't include this. Elon musk literally have a whole team of lawyers just to deal with all the times he gets sued for various thing - like every one celebrity or rich person. If he paid everytime, he would have went bankrupt many times.

falcor84 2y ago
> If he paid everytime, he would have went bankrupt many times. If he just paid proper severance every time (rather than paying out after being sued), I think he'd still be absolutely ok.
tardy_one 2y ago
Deciding it is not a matter of federal law is not a ruling in his favor for violating norms, verbal and written contracts.. If he can't afford the norms of compensation and leasing then that is a reason to never do business with him.
- lazide 2y ago
  Market dynamics have been trending in the direction of leasing companies getting more desperate, not less.
  - tardy_one 2y ago
    >> but in the longer term I think it would hurt possibilities Doesn't matter in this weeks market, but he can't even convince people he's capable of remaining a passive investor, so ten years from now no top spots, no top people because the way norms are enforced is by black balling people like him whenever it is tolerably inconvenient.
    - lazide 2y ago
      If you can afford to blackball billionaires without going insolvent, then more power to you.
      - tardy_one 2y ago
        If you think ypu are going to make it rich signing contracts only the other side can enforce then how would you remain solvent? There's a lot more other business in the world.
        lazide 2y ago
        Hah, the reason Musk is able to do what he wants on this front is because for these leasing companies, their choice is either him or…. Vacant. He’s just calling their bluff. If they thought they could get another tenant, they already would have. Commercial real estate in many areas of the US is so crazy delusional right now (and has been for years) it’s all about who blinks first and who has leverage.
        tardy_one 2y ago
        That's a Musk summary of his distorted reality. What happened in their international real estate is that they vacated key real estate where they had leases. They've pissed off the people that will do their long term leases on prime showrooms to BYD, not just the desperate highway belt office park admins. Even if people in that part of the real estate market are desperate relative to their normal they have tricks to ignore business they don't want to deal with and take a lower offer from someone they either trust or at least don't distrust. Making it obvious that the US is no longer a country of laws and contract law will work against people like him in the long run, so his take for a lot of future costs is irrational and I think he should finally deal with his mental problems.
        lazide 2y ago
        Uh, sure. Except this has always been a risk in commercial real estate. And has played out over and over again with a wide variety of tenants. Is it a dick move? Sure. Good thing landlords never try and pull any dick moves eh? Nice try on the ‘law and order’ bit though. Not sure how calling your counterparty crazy helps the bottom line, it just seems to make it more obvious someone didn’t actually think through the deal they were making, and is sore about it. Speaking of delusion…. A lot more folks are starting to look down now this summer, and it’s looking a lot scarier eh?

falcor84 2y ago

> If he paid everytime, he would have went bankrupt many times. If he just paid proper severance every time (rather than paying out after being sued), I think he'd still be absolutely ok.

tardy_one 2y ago

Deciding it is not a matter of federal law is not a ruling in his favor for violating norms, verbal and written contracts.. If he can't afford the norms of compensation and leasing then that is a reason to never do business with him.

lazide 2y ago
Market dynamics have been trending in the direction of leasing companies getting more desperate, not less.
- tardy_one 2y ago
  >> but in the longer term I think it would hurt possibilities Doesn't matter in this weeks market, but he can't even convince people he's capable of remaining a passive investor, so ten years from now no top spots, no top people because the way norms are enforced is by black balling people like him whenever it is tolerably inconvenient.
  - lazide 2y ago
    If you can afford to blackball billionaires without going insolvent, then more power to you.
    - tardy_one 2y ago
      If you think ypu are going to make it rich signing contracts only the other side can enforce then how would you remain solvent? There's a lot more other business in the world.
      - lazide 2y ago
        Hah, the reason Musk is able to do what he wants on this front is because for these leasing companies, their choice is either him or…. Vacant. He’s just calling their bluff. If they thought they could get another tenant, they already would have. Commercial real estate in many areas of the US is so crazy delusional right now (and has been for years) it’s all about who blinks first and who has leverage.
        tardy_one 2y ago
        That's a Musk summary of his distorted reality. What happened in their international real estate is that they vacated key real estate where they had leases. They've pissed off the people that will do their long term leases on prime showrooms to BYD, not just the desperate highway belt office park admins. Even if people in that part of the real estate market are desperate relative to their normal they have tricks to ignore business they don't want to deal with and take a lower offer from someone they either trust or at least don't distrust. Making it obvious that the US is no longer a country of laws and contract law will work against people like him in the long run, so his take for a lot of future costs is irrational and I think he should finally deal with his mental problems.
        lazide 2y ago
        Uh, sure. Except this has always been a risk in commercial real estate. And has played out over and over again with a wide variety of tenants. Is it a dick move? Sure. Good thing landlords never try and pull any dick moves eh? Nice try on the ‘law and order’ bit though. Not sure how calling your counterparty crazy helps the bottom line, it just seems to make it more obvious someone didn’t actually think through the deal they were making, and is sore about it. Speaking of delusion…. A lot more folks are starting to look down now this summer, and it’s looking a lot scarier eh?