Summary
A Delaware judge upheld her earlier decision to void Elon Musk’s $56 billion Tesla CEO pay package, ruling it was improperly granted due to Musk’s control over Tesla and flawed board negotiations.
Tesla’s attempt to overturn the ruling through a shareholder vote was rejected, with the judge warning against revising judgments with new facts post-trial.
Musk called the ruling “absolute corruption” and plans to appeal.
Meanwhile, Musk’s net worth has surged, driven by Tesla’s stock jump following optimism about his alignment with Trump’s policies.
I just leave one quote here:
Here is a fun fact, if every church housed 2 homeless people, there would be no homeless in America.
As if a church would give a damn about the needy.
Excellent comment. I donated to Coalition for the Homeless in your name.
Hey thank you, I feel honored!