Elon Musk and Twitter
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kingstonlake- Geronte
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Trapper Gus likes this post
Looks Like Tesla is Fed up with Elon's Antics
https://apnews.com/article/elon-musk-tesla-compensation-pay-shareholders-e75687178d1175fba36ca55bd9c4c805
DOVER, Del. (AP) — Elon Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday.
The ruling by Chancellor Kathaleen St. Jude McCormick comes more than five years after a shareholder lawsuit targeted Tesla CEO Musk and directors of the company. They were accused of breaching their duties to the maker of electric vehicles and solar panels, resulting in a waste of corporate assets and unjust enrichment for Musk.
The shareholder’s lawyers argued that the compensation package should be voided because it was dictated by Musk and was the product of sham negotiations with directors who were not independent of him. They also said it was approved by shareholders who were given misleading and incomplete disclosures in a proxy statement.
Re: Elon Musk and Twitter
Tesla was valued at about $50 billion at the time of the compensation package and that value increased by 20x after and so I would argue that the shareholders of Tesla were amply rewarded by keeping Musk onboard.
Don't worry about Elon though. Tesla will now have to renegotiate his compensation package and as the market has indicated that it sees value in Musk as CEO of Tesla his new pay might surprise (and enrage) you.
Don't worry about Elon though. Tesla will now have to renegotiate his compensation package and as the market has indicated that it sees value in Musk as CEO of Tesla his new pay might surprise (and enrage) you.
Zurn- Spartiate
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Re: Elon Musk and Twitter
Zurn wrote:Tesla was valued at about $50 billion at the time of the compensation package and that value increased by 20x after and so I would argue that the shareholders of Tesla were amply rewarded by keeping Musk onboard.
Don't worry about Elon though. Tesla will now have to renegotiate his compensation package and as the market has indicated that it sees value in Musk as CEO of Tesla his new pay might surprise (and enrage) you.
I am enraged by first the idea that a corporation only has an obligation to its stockholders, and that any man's labor is worth more than any other man's labor. Both are morally bankrupt values.
Re: Elon Musk and Twitter
Now that the site has been rebranded as X (entirely dumb and narcissistic to do so) what are tweets called now? Exes?
Floyd Robertson- Geronte
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Trapper Gus likes this post
Re: Elon Musk and Twitter
all of the high profile christians have a lot of ex's.. so "exes" makes sense.Floyd Robertson wrote:Now that the site has been rebranded as X (entirely dumb and narcissistic to do so) what are tweets called now? Exes?
Robert J Sakimano- Geronte
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Floyd Robertson, gomersbro and Trapper Gus like this post
Re: Elon Musk and Twitter
So just like Twitter it looks like Musk is bored with Tesla
Or it could be he can't compete with GM.
https://qz.com/tesla-supercharger-evs-elon-musk-hyundai-ford-car-news-1851452707
Or it could be he can't compete with GM.
https://qz.com/tesla-supercharger-evs-elon-musk-hyundai-ford-car-news-1851452707
Re: Elon Musk and Twitter
Zurn wrote:Trapper Gus wrote:
I am enraged by first the idea that a corporation only has an obligation to its stockholders, and that any man's labor is worth more than any other man's labor. Both are morally bankrupt values.
1. Nobody thinks that a corporation has obligations only to its stockholders.
2. So you think Tom Izzo should be paid the same as Dusty May?
Someone who has never read what right wing economists such as Miltion Freidman(sp) say about who corporations are responsible to satisfy.
The belief that one man is worth more than any other man is insane, yet here we are.
Re: Elon Musk and Twitter
Zurn wrote:Trapper Gus wrote:
The belief that one man is worth more than any other man is insane, yet here we are.
So Tom Izzo should be paid the same as the guy who mows his lawn??
Tom's labor is worth the same amount. Capitalism is a nihilistic system.
Re: Elon Musk and Twitter
Anyone else on this board agree that Tom Izzo should be pain the same amount as the guy who cuts his lawn? Anyone??
Zurn- Spartiate
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Re: Elon Musk and Twitter
maybe, in another display of fragile masculinity, he'll send up one of his toy rockets and we can laugh again when it explodes.Trapper Gus wrote:So just like Twitter it looks like Musk is bored with Tesla
Or it could be he can't compete with GM.
https://qz.com/tesla-supercharger-evs-elon-musk-hyundai-ford-car-news-1851452707
Robert J Sakimano- Geronte
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Join date : 2014-04-15
Re: Elon Musk and Twitter
Robert J Sakimano wrote:maybe, in another display of fragile masculinity, he'll send up one of his toy rockets and we can laugh again when it explodes.Trapper Gus wrote:So just like Twitter it looks like Musk is bored with Tesla
Or it could be he can't compete with GM.
https://qz.com/tesla-supercharger-evs-elon-musk-hyundai-ford-car-news-1851452707
At the current time Musk is the only American capable of sending people into orbit and he has done so with 100% reliability.
space nerd note: Boeing is supposed to be launching their Starliner in the near future so they may join the club.
Zurn- Spartiate
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Re: Elon Musk and Twitter
I wish I was as easily impressed with a guy blowing up rockets as you seem to be.Zurn wrote:Robert J Sakimano wrote:
maybe, in another display of fragile masculinity, he'll send up one of his toy rockets and we can laugh again when it explodes.
At the current time Musk is the only American capable of sending people into orbit and he has done so with 100% reliability.
space nerd note: Boeing is supposed to be launching their Starliner in the near future so they may join the club.
Robert J Sakimano- Geronte
- Posts : 49702
Join date : 2014-04-15
Trapper Gus likes this post
Re: Elon Musk and Twitter
Zurn wrote:Anyone else on this board agree that Tom Izzo should be pain the same amount as the guy who cuts his lawn? Anyone??
Anyone on the board believe that Tom Izzo has done more to change life on earth than Jesus Christ, who wasn't paid at all?
Re: Elon Musk and Twitter
Zurn wrote:Robert J Sakimano wrote:
maybe, in another display of fragile masculinity, he'll send up one of his toy rockets and we can laugh again when it explodes.
At the current time Musk is the only American capable of sending people into orbit and he has done so with 100% reliability.
space nerd note: Boeing is supposed to be launching their Starliner in the near future so they may join the club.
I think NASA counts, and what the real value to putting people in space is can be debated.
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