Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
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.
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Good to see.
this probably hurts him more than me saying he's an incompetent nepo baby. (the best way to hurt rich fucks is to hurt their wallet, after all.)
the best way to hurt rich fucks is
with a guillotine.
The guillotine was actually meant to be painless. Properly constructed and sharpened it pretty much is. Or so I’m told.
Eh, I think all those pain receptors in your neck will send signals to your brain just fine, for a while.
maybe you have a point. But can I loot all his money first and make him watch as i donate it to trans rights, maybe also some no-kill shelters. you know puppies and kittens. also, maybe end homelessness and take a bite out of world hunger?
Nah, the sudden loss of blood pressure sends you into shock immediately.
The brain is alive for minutes afterwards so don't know what it would feel like.
While a quick and painless death certainly falls short of the misery they cause, I'm more concerned about ending that misery to the masses; it's not so much about punishing the oppressors. ...even if they do deserve to be skinned alive and then drowned in a pool of lemon juice; that's just more work than it's worth.
Unfortunately his wallet isn’t hurting. He’s still rich.
So what you're saying is, more hurt!
I think hurting his ego also hurts him, just look at the amount of people that get banned from X for doing it.
That sum is close to the 44 billion spent on Twitter, could that somehow be the payment for it via inflating Tesla stock price?
Probably? I'm fairly certain that saying mean things about Musk on Lemmy has no effect on him whatsoever.
You’re right. I’d say mean things about him on twitter, but that requires a twitter account… and that’s just gross.
I do like knowing that anywhere that assclown's name comes up (or other deserving parties), somebody will chime in with an insult or five. He'll never see it in almost any conceivable universe but on the off chance that this is the one where he's browsing !news@lemmy.world comments, at least we can make sure they're not all neutral or positive.