Judge should focus on the law not how she feels. If the law is not broken, it is up to the shareholders and board members

Nice Andrew....you have to push back on this nonsense.

What a fantastic discussion… new found respect for Andrew. I am not an Elon fanboy but imo Judges have no business making decisions on compensation and what is fair. It is the shareholders who should decide.

CNBC needs to protect thier friends at morgan stanley

Charles was really grasping short straws here. Great work pushing him in this interview Andrew.

This guy should be legally required to use FSD when driving a car.

Wonder if this guy ever worked at the same law firm in Delaware as judge Kathaleen McCormick? Sure seems possible.

Might be the first time I have seen some intelligent points raised by cbnc regarding Elon. Good debate.

Andrew..thank you for asking the tough questions. The guest is clearly not making comments based in Law.

This guy is a total clown. Appointed judges with no business acumen deciding what’s “fair” and overruling a transparent vote among shareholders? Not many things less American than that.

0:57 did I hear that clearly? no value when he 10x the shareholders' investment? Does anyone have any idea how much the lawyers charged in contrast how much an average lawyer makes? and she 'felt' it's unfair for someone to have 'that much money'? she probably is a millionaire!

We can't have people with personal vendettas make judgements in the court. What if your employer promised you a salary, and then rescinded it?

Beware of Delaware

CNBC has been slowly gaining my respect. Because this is a Wall Street oriented media organization, they're more inclined to seek the truth. The truth being that if you thought something was going to fail then it ended up making boat loads of money, then you have no choice but to change your mind. “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” ― Benjamin Graham

I will vote my shares in-line with the Tesla BoD recommendations. Outrageous of the Delaware Chancery to overrule shareholders. Tesla will incorporate in Texas.

Like the man or not, the contract should be honored.

75% of the shareholders signed a conntract with Elon. The contract must be respected. It's perplexing to consider how a judge could nullify an agreement between parties unless fraud or misrepresentation is involved, which isn't the situation here. Tesla's success is due to Elon, nobody else has done what he has achieved. The best option for shareholders is to give Elon the voting rights he wants, he will lead Tesla to it's future better than any other CEO. Elon lost control of Paypal when it was taken over by eBay in 2002, he then was the largest minority shareholder of paypal, may be he does not want to repeat the same situation. Tesla is at the start of a fantastic expansion, the EV and even FSD is nothing compared to the potential of Optimus, Dojo and AI. Elon is the best CEO to lead that expansion.

Andrew did a good job 👍

As long as everything is disclosed the shareholders should decide not some judge who "feels" his compensation is not right!

Musk wants a stratospheric pay package with TSLA shares now 50% off of their high and the company laying off 10% of its workforce.

Andrew raised his voice when his share selling argumentation sounded ridiculous, indeed it is more about the fact that capital was taken out of the company than from which basket it came

I think the Judge's salary and power is way too much.

She said, he said. A vote by shareholders overrules everyone!

The only conflict of interest here was from the Delaware judge standing between shareholder’s rights and an agreement they made with Musk. I don’t care how outrageous some people think the potential award might be, we had the right to agree to it and she didn’t have the right to tell us we weren’t informed enough. How informed do you need to be to see the upside of that agreement? He offered to work for free until such time as all the various tranches were met OR receive no pay. So, he will get a 5% stake in Tesla for 10xing it in profits and market cap. Who in their right mind wouldn’t accept a deal like that? “You 10x my company for a 5% stake in it????” I can’t jump on fast enough. No, just because all the numbers are so big doesn’t mean Musk should be denied what was agreed upon for his leading the company to these highs. It isn’t about the money anyways, it is about the voting shares, shares he has to buy in order to get them, albeit at greatly reduced options prices, but he still would need to hold them for 5 years before cashing any of them in, AND he would have to pay another massive tax bill which the government in its blindness towards anything Musk has shot themselves in the foot about. Conflict of interest….?? BS

Way to go Andrew

Wasnt this started by a guy that had 9 shares?

A judge does not get to decide on the behalf of the shareholders whether something is bad or good. What kind of idiotic system would that be and clearly that's de-valuing the vote power of the shareholders themselves. This judge is a complete moron. If over 50% vote YES then Elon Musk should be compensated accordingly.

She has no experience in such business matters.She doesn't represent us shareholders.I voted for his pay package.I will vote again. Delaware is going to regret this.Huge corporations are going to look at this b.s. and leave.

The dude moved the goal post from he sold the shares (which was not rewarded yet or at issue) to maybe he does not not value the share 😂

Andrew, well done!

Why is he is screaming at the guy? Sounds unhinged.

Charles is spewing complete nonsense

He’s so shocked by this and the anchor screaming he went crossed eyed! 😂

I don’t understand why a Judge circumvents the compensation committee…

In Elon's perspective, I believe buying Twitter is not saying Tesla is a bad allocation for my money. But, instead Twitter (X) is adding value to the Musk's unverse, by consolidating the synergy to Tesla+SpaceX+Neuro. Now this sinergy has a voice; X.

Tesla lost Musk’s attention, losing $billions in market value. Reminds me of Apple firing Steve Jobs…

How invasive and overstepping of the law?! LAWLESSNESS!!!!!

If shareholders vote yes and the package is overturned by a judge once more, Tesla should should continue to put this up for a vote at every shareholder meeting ad infinitum.

It doesn't need to be spelled out. Much like Trump, this was a political decision by politically-driven judge. That's it. It's unprecedented and unjustifiable to void a compensation package that was voted on by the shareholders.

That guy is a clown...and he's teaching our kids? I think a judge should revoke his tenure!

The judge ruled compensation wasn’t necessary to further motivate Musk to work for Tesla due to his pre-existing shares. That’s ridiculous. CEO’s are paid for the value they can bring to a company and should not be penalized for having a personal investments in the company. I read the entire ruling and its premise is completely illogical. CNBC, do a deep dive on the ruling and you’ll come to the same conclusion.

Elon is not entitled to that money, the whole contract was silly...good on the judge. Common sense prevails.

Hell of a interview Andrew!

“you bet on a bet and if you lose you lose the bet” -Joey

“Fair”, the perfect metric for determining objective measures of economics and operations. It is not fair that my neighbor has 20 corvettes. So rescind

Americans survive or corporate grift survives. Who wants to take bets?

At the time this pay package was awarded, Tesla stock price was $22.33. The package included 330 million options to buy at that price. He received no salary in the package. Had the stock not gained in value, or if the company went bankrupt he would receive nothing. The $56 million that keeps being thrown around is the value a month ago of the stock, it’s dropped since then and so has that big number. This has been so mischaracterized by the media and the Delaware court it is crazy. Unfathomable is only because he did what the package required. At the time the pay package was awarded nobody had any idea the company would be so successful, it was a total long shot and to look back and say otherwise is plain BS.

Here for the comments 🍿

What a numb nut way to interview people andrew... jes let the man speak! If you dont let your guests answer your questions than whats the point. charles was right on point by the way. Musks delusional handling of investors money is a crime.

The Delaware judge's decision was based on political bias. In Texas, it won't event go to court, and in any case, a judge will rule differently.

You cannot take back a promised, investor approved compensation plan just because hi reached the extreme goals and benefited his investors as well. This was a frivolous lawsuit.

It seem like Andrew like to drink the Elon Kool Aid 🙈😂.

Why would any shareholder in their right mind want to payout 55 billion and dilute their investment? It's more money than the company have every made in profit

OBVIOUSLY THERES SNAKES ON THE BOARD WHO COMPLAIN TO PRESS, SHORTING THE STOCK OF THE COMPANY WITH THEIR WHINEY MOUTHS AS A CONFLICT OF INTEREST? 🤨🙄

I love that the news anchor is fighting for what’s right not just envious of musk’s success

Speechless!

As a public company, Tesla’s board of directors are not independent. Teslas BOD governance is what the Judge has a problem with.

There is no argument to defend this level of greed and narcissism.

The judger is Political motivated.

Nueralink has no commercial value. There aren’t enough quadriplegics 😂

The host, without a background in the legalities, disputes an EXPERT'S opinion? 🙄😳 WTF!

whatever happens between Musk and Tesla shareholders is their bussiness and nobody else's. Let capitalismm work

Its irritating hearing him yell over the guest and cutting him off midsentence

Leave Elon Musk alone . He is a national treasure . Left alone and he just might cure cancer or build the first Lunar or Martian colony . We only have one of him America .

Go ahead and not pay him. Let’s see what happens to Tesla and its stock if he walks away from it.

Charles Elson is out of his element here...

Obviously, he cannot see the issue straight...

Musk relentlessly hyped and pumped the stock from 2018-2022 to maximize his pay package - and then having completed maximum pump, and maximum pay, he dumped (his existing equity) at the top.

So now we are allowing socialist judges decide what is too much pay??? Someone needs to tell her this is not Canada or Europe

This guy’s expression reads: we’re shameless but we’re winning, so f u capitalism.

So many clowns in Delaware, lucky we have Andrew to fight for the fairness

Megalomaniac Musk also wants 25% ownership. He claims its so he can oversee the development if ai, but if you recall in the past he spoke of how jealous he was of how Zuckerberg formed Facebook in a way that he could never lose control. I'd bet thats more what the 25% is about. Not like Mvsk doesnt have control of how ai develops now. He just wants total and lifetime power.

Musk deserves a 10k bonus per car sold.

Now everyone understands why Elon Musk will never allow his other Companies to go Public. It will prevent morons from telling him what to do.

This guy has a bias towards Elon!!!!!

Jealousy at its best. Im an investor. I supprt the compensation. I dont need another third party telling me whats good for me.

This case is ridiculous and should have been thrown out as frivolous.

The time to discuss fairness was in 2018. You cannot undo the deal. Its not right.

Elon can afford to get that pure stuff by the pound...

Judge had the power to decide whether the correct process was followed, like it or not. It looks this host is personally upset.

He’s gonna win the pay vote because prior to the vote he threatened shareholders with leaving and poaching all their robotics and AI talent and information. So once he wins that vote, the stock is going to 🚀

so the judge of Delaware FEELS it was unfair... wow.

Andrew please do your homework.

These comments pertain to logic rather than Elon Musk. If someone received a bonus in the form of shares five years ago, and those shares have increased in value at an astonishing rate over the past five years to the point where they are now ten times more valuable, it raises several moral questions to consider that the recipient is not eligible for the bonus based on the initial valuation from five years ago. Taking back the shares that have increased ninefold and returning only the amount equivalent to their original value poses many ethical dilemmas. For example, suppose someone received Bitcoin as a bonus 20 years ago, and its value has now increased 100,000 times. Should we then take all the Bitcoin and allow the person to keep only what was worth the original value 20 years ago? Both the share and Bitcoin examples involve risk, as the values of these assets could also have decreased. Therefore, the bonus recipients took a risk, and fortunately, it resulted in a positive outcome

Capitalism is broken Tesla 2018 - 2022 (timespan of the comp plan): Revenues: $191.4 Billion Gross profit: $45.2 Billion Net income: $17.9 Billion

His guy is nuts.

All these fanboys crying , I bet not one of you has read the transcript from court . The board should have done their job. A board of yes men always get companies in hot water.

I'll trust the judge over a journalist

This guy Elson is a Tesla hater. He wants judges to decide corporate pay?

No value?????

Elon's interests is the thing at auction, no one can say if he is given the funds the Tesla will be given his focus in a worthwhile percentage given his other interests. Rockstar or not, CEO is an employee and this one is clearly moonlighting, does his job deserve his pay? It is called compensation for a reason. Judges should not decide worth or value but sometimes are forced into it as part of the legal equation, because our laws are frameworks for messy system.

Get based on the stock's performance.He should not be getting that money. Yes I thought c e o pay was based on performance

Charlie Munger was right. Eletist acedemics have no idea.

He pumped the stock and then dumped, because he knew what was coming.

@8:39 Sir, sending a kid to college, buying a house could only be your goals. Elon would use the money to do some world transforming ventures, this would enable him to do more. This judge is not a visionary like Elon musk, Elon is once in a generation phenomenon. Encourage and incentives hardwork., don't be a reward blocker, your stupid laws have already ruined marriage for men.

⭐️⭐️❤️⭐️⭐️ #votetesla ⭐️⭐️❤️⭐️⭐️

Musk reads the writing on the wall. His fortune is crashing, as Tesla stock tanks. Elon wants the biggest golden parachute in history.

This guy can’t see straight haha😂

Elon will start a gas operated car company and put Tesla out of business. In all honesty electric cars, teslas in particular are a luxury status symbol.

Since when do you need every shareholder to agree on something? This guy is a joke