257
Plaintiff’s lawyers argued that the pay package was dictated by Musk and was the product of sham negotiations with directors who were not independent of him.
Shams pretty much some up the whole of his career.
Elon: can you approve this pay package for me?
Also Elon: why certainly!
The fact that a Delaware judge made this ruling just highlights how egregious this package was.
I wasn't aware of this fact before. Now I'm Delaware.
audible gasp
Chancery doesn't fuck around. It's not surprising that a Delaware court would find for the plaintiffs in a derivative action; it happens all the time.
Oh no, will that mean Tesla won't be as rich as he boasts?
Also, he's looking fugly, damn dude, learn to shave. When thin facial hair doesn't work, it doesn't work. Damn rich people.
He looks like a hardboiled egg that was dropped on a barbershop floor
He looks like a sentient ballsack
I laughed at this way harder than I probably should have. And I thank you for it.
I don’t know if you’re describing this pic or his “before rich” pic. They both look like that
“Never incorporate your company in the state of Delaware,” he said.
Lol. That's some Trumpian bullshit. I'm sure every corporation ever must be wrong.
Womp womp.
In reality this is some rich asshole arguing over pretend money given to another very rich asshole. The headline should be “board member who has way too much money sues Musk for money they would prefer be distributed to shareholders which includes them”. I’m probably missing something here, but anyone involved in this definitely sucks. Sure…Musk has no reason to be enriched further. In all likelihood neither does the person suing him.
At this point I would say that it is irresponsible to enrich Musk any further. We have all seen how he uses it.
For sure. I just mean that I take no personal pleasure in the money instead going to further enrich an already rich person that technically has invested in him and his businesses. What I mean to say is eat the rich.
lol
this post was submitted on 30 Jan 2024
257 points (98.9% liked)
News
23296 readers
928 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS