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Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated (Even after shareholders re-approved it)
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Posted on 12/02/2024 2:44:37 PM PST by janetjanet998

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

This is even after Tesla shareholders approved it again in June 2024 after 2018 vote.


TOPICS: News/Current Events
KEYWORDS: elonmusk; tesla
Same judge in Delaware
1 posted on 12/02/2024 2:44:37 PM PST by janetjanet998
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To: janetjanet998

No judge should have the authority to overrule the votes of a private company board and its shareholders.


2 posted on 12/02/2024 2:48:57 PM PST by Dave911
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To: Dave911

Abs If I remember correctly the person that brought the lawsuit only owns a few Tesla shares


3 posted on 12/02/2024 2:50:28 PM PST by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
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To: janetjanet998

Who currently owns the shares that Musk would get if this pay package was granted?


4 posted on 12/02/2024 2:50:46 PM PST by JSM_Liberty
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To: JSM_Liberty

Who currently owns the shares that Musk would get if this pay package was granted?

No one

Tesla stock options I believe


5 posted on 12/02/2024 2:53:06 PM PST by janetjanet998 (Legacy media including youtube are the enemy of the people and must die)
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To: janetjanet998

Bad idea incorporating in Delaware with lunatic judges.


6 posted on 12/02/2024 2:55:58 PM PST by AnotherUnixGeek
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To: janetjanet998

Good! I’d rather he had time for DOGE.

This was to keep him “interested” in Tesla, and that house of cards may crumble.


7 posted on 12/02/2024 3:19:56 PM PST by Empire_of_Liberty
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To: janetjanet998

Figures.


8 posted on 12/02/2024 3:27:52 PM PST by Dave911
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To: Empire_of_Liberty

There’s nothing GOOD about losing that amount of money.

He has 300 plus Billion dollars.

If he’s not distracted by that, a little more won’t distract him.

He didn’t buy twitter to get richer. He bought it to help Trump and the country


9 posted on 12/02/2024 3:35:11 PM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: dp0622

I don’t dispute you, at all.

Tesla is a distraction. If they were smart, they would have reengaged his attention. This judge is not keeping up.


10 posted on 12/02/2024 3:43:31 PM PST by Empire_of_Liberty
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To: janetjanet998

T$’s DoJ needs to fully investigate this DE judge. Hit him with max lawfare


11 posted on 12/02/2024 4:02:19 PM PST by Jeff Vader
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To: AnotherUnixGeek

Delaware being the home of Brandon doesn’t help either.


12 posted on 12/02/2024 4:03:24 PM PST by xp38
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To: AnotherUnixGeek

Can he re-incorporate in TEXAS????


13 posted on 12/02/2024 4:23:18 PM PST by ridesthemiles (not giving up on TRUMP---EVER)
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To: janetjanet998

That judge better hope that he has not committed any federal crimes.


14 posted on 12/02/2024 5:03:04 PM PST by Revel
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To: janetjanet998

He needs to move the Corporation from Delaware.


15 posted on 12/02/2024 5:07:28 PM PST by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI..)
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To: Dave911

Exactly.

No one judge should have such unlimited power to implement policies they want.


16 posted on 12/02/2024 5:37:22 PM PST by metmom (He who testifies to these things says, “Surely I am coming soon." Amen. Come, Lord Jesus)
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To: Jeff Vader

It’s a politically connected {Dems} female judge in Chancery Court in Delaware. Musk was smart enough to re-incorporate in another state {Texas?}


17 posted on 12/02/2024 6:36:04 PM PST by Hartlyboy
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