Judge Tries to Take $55 Billion From Elon Musk

Hotair ^ | 01/31/2024 | Jazz Shaw

[chopperk]

Elon has enough Chinese money backing him that he now has the political control to do what he wants.

[bert]

But you are not a stockholder.

There is great hate for Elon Musk by the unequal’s who covet his genius. You lack the basic ability to comprehend what Musk has created.

[Ex-Con777]

Barring a corporate move to Texas, Musk is a resident of Texas. He likely could sue Tesla for breach of contract and reach a quick settlement of $55B. Stick that up the Delaware judge’s keester.

EC

[lepton]

If I was a Tesla stockholder I’d be infuriated about Musk’s inside deal to use the company as his own cash cow and using his inside circle of cronies to ‘negotiate’ that.

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If you couldn’t do math...

The stockholders over that time benefitted far more collectively than $55 Billion. Many multiples of that amount.

[Texas Fossil]

Bump

[Texas Fossil]

Where?

Texas has a gold depository. But Elon Musk is the type of man who wants wealth to be productive.

Gold is a hedge against destruction, but it does not grow. It prevents total loss of assets due to inflationary monetary stem. But you cannot eat gold.

[Texas Fossil]

Legal Plunder.

Bastiat

[USS Alaska]

The judge took nothing. What he did do is prevent one stock holder from skimming $55 billion of company profits. If I was a Tesla stockholder I'd be infuriated about Musk's inside deal to use the company as his own cash cow and using his inside circle of cronies to ‘negotiate’ that. This judge simply upheld the rights of the stockholders.

Lenin would be proud of you, comrade.

If Elon Musk hadn't created Tesla and have it become the EV giant it is, and there wouldn't be a dime to argue about.

Do you own any stock in any company?

If you do, you must know that the CEO and the janitor are not compensated using the same methods.

Without Musk, there is no Tesla, no billions to argue about, no judges to preside over no profits.

And to call Musk "one stockholder" is like calling Tiger Woods, "one golfer".

The rights of the stockholders are nonexistent if there is no Tesla, but since there was a Tesla, Musk's agreements for compensation were a part of the original formation, and the stockholder agreed to them when he freely purchased to stock.

The judge, like you, is a communist.

[SpaceBar]

In what world is a judge ruling that Musk's $55 billion 'compensation' negotiated in secret without full disclosure to the shareholders communism? I realize this is FreeRepublic, but not every nail head looks like the face of Karl Marx. There are rules even in market capitalism. You can read the full decision here.

[MayflowerMadam]

It was a joke. Mr. Drysdale was the banker in Beverly Hillbillies who’d do anything to get and keep money in his bank.

[Texas Fossil]

Yes. I am old enough to remember him.

[Nateman]

....For the love of money is the root of all evil...

Take a closer look into that money speech link. It addresses that .

[linMcHlp]

02/14/2024

SpaceX has moved its state of incorporation from Delaware to Texas!

https://freerepublic.com/focus/f-news/4217438/posts