Elon Musk FURIOUS After Lawyers DEMAND $6B From Tesla Over Pay Suit, I AM ALSO PISSED, Its CRIMINAL

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Elon Musk FURIOUS After Lawyers DEMAND $6B From Tesla Over Pay Suit, I AM ALSO PISSED, Its CRIMINAL
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If you read a book written about the mafia in the 80s-90s, you would think the book would be about modern Democrats and the left.

av
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So now a judge can simply look at the value of a pay package, or a real estate holding, and just declare, "Naw, that's too much for you. Hand it over." That IS stealing. It IS criminal, and those judges need to be locked up.

spidgeb
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Ironic that they say Elon's pay is excessive, and then they demand an excessive payment for themselves

georgep
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People laughed at Elon when they disclosed this packages because the tranches he needed to achieve were thought to be unattainable. He reached them all, created an insane amount of value for the shareholders, well more than what his payout is, and now its "excessive"? Come on.

mikez
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Personally I feel the lawyers who brought the suit are criminals and if the judge agrees she is also a criminal.

Jonathan_Collins
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I want to know how a judge has a right to say what a CEO gets paid.
And how can a lawyer demand stock as payment.

usdrqir
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The guy that sued had 9 shares. Let me repeat 9 fucking shares is enough to have a judge in Delaware overturn the board of directors.

Koa
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With a demand like that, now we need to know how much the Judge's cut is. This is corruption plain and simple.

Kelnx
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They sue for excessive pay by demanding an excessive award...if the shareholders do not take action immediately, every CEO in this country is at risk, simply for making their companies successful.

scottbutler
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Those Attorneys are Criminals and should have their Licenses revoked for Ethics violations.
Get their names out and boycott the hell out of them in the interim.

streganona
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Lawyers are the worst people out there. 6bln in legal fees? What a crock.

Jonathan_Collins
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The lawyers guild, "the Bar Association" needs to be investigated for racketeering.

speavy
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Every other shareholder needs to sue the single shareholder who started this

captainclean
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Judge should be removed and disbarred over this. The fact they aren’t shows you the corruption in Delaware.

TheClargest
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I personally wouldn't ever own a tesla. But there is no denying Elon is the reason for its success. That's his money, end of story. If I buy stock in tesla, it's with the knowledge that Elon is going to make it worth it.

Gen_Kael
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This is why the joke is
What do you call 10, 000 lawyers at the bottom of the ocean?
A good start

victortahlor
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This doesn't make any sense. Who's supposed to pay it, Tesla? What did they do wrong that they should have a $6B liability for?

magsteel
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So first a judge wants all Trump’s money, now Elon has to fork over billions. Meanwhile, the BIG GUY is defended tooth and nail.


Do y’all get it yet?

Raving_Rando
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The board of directors has the final say in salary and bonuses, not some court.

pizzafrenzyman
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His pay was excessive...but the requirements to get it were so much more excessive. It's insane he was able to hit the targets. This is PURELY political.

routybouty