
A Delaware judge just retroactively voided Elon’s $55B Tesla pay package from 2018 where shareholders voted in favor for it, all milestones were hit, and Tesla stock is up 800% since then? This is really fuckin insane, people will definitely not be incorporating its companies in… https://t.co/WhIFGaYaTt pic.twitter.com/57psVEVjXC
— Teslaconomics (@Teslaconomics) January 31, 2024
This just makes ZERO sense to me. It WENT TO A SHAREHOLDER VOTE. And Elon didn't vote his shares. The shareholders minus Elon literally approved the package. And now a judge says this is excessive. Whatever happened to companies and their owners deciding how to run the… https://t.co/GGV1w0lWiW
— Tesla Tidbits (@teslatidbits) January 30, 2024
Reuters:

