- cross-posted to:
- economy@lemmy.world
- cross-posted to:
- economy@lemmy.world
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 mean, it’s a testable hypothesis, and we’ve got plenty of oligarchs.
Yeah go for it. There’s science to be done, for the people that are still alive
🎵