Elon Musk’s $56bn Tesla pay package is too much, judge rules

[Tommy Tainant]

Elon Musk’s $56bn Tesla pay package is too much, judge rules

Judge ruled his pay – six times larger than the combined pay of the 200 highest-paid executives in 2021 – was set inappropriately

www.theguardian.com

Tesla is not his private piggy bank.
His fellow directors should be banned from the boardroom.
Shocking abuse of power.

 

[Cellblock2429]

Elon Musk’s $56bn Tesla pay package is too much, judge rules

Judge ruled his pay – six times larger than the combined pay of the 200 highest-paid executives in 2021 – was set inappropriately

www.theguardian.com

Tesla is not his private piggy bank.
His fellow directors should be banned from the boardroom.
Shocking abuse of power.

/----/ WTF business is what a corporation pays its CEO? This needs to be overturned.

 

[Tommy Tainant]

/----/ WTF business is what a corporation pays its CEO? This needs to be overturned.

The shareholders complained. They were right.

 

[Cellblock2429]

The shareholders complained. They were right.

/——/ One complained which was his right, but what business is it of the court?

 

[Tommy Tainant]

/——/ One complained which was his right, but what business is it of the court?

The courts protect the interests of minority shareholders. Its part of being a publicly quoted company rather than a private one.