Musk must now convince the courts on his Tesla pay package
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26 күн бұрынAlthough Tesla (TSLA) shareholders voted in approval of CEO Elon Musk's massive pay package - currently valued at around $46 billion based on today's Tesla stock price - Musk still faces a challenge in overturning a Delaware judge's decision to rescind the initial pay package from 2018.
Yahoo Finance Legal Reporter Alexis Keenan lays out Musk's legal obstacles in persuading Delaware courts to reinstate his compensation package.
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This post was written by Luke Carberry Mogan.
#youtube #Tesla #elonmusk
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@Augustus_Imperator 24 күн бұрын
He has to convince no one, the board signed a contract, the share holders approved it, twice at this point, with a big majority. Why should a court have anything to say on a legally valid contract between two consenting parties?
@colddogs 23 күн бұрын
because corporate law is a thing and his cozy relationship with the board is illegal
@JanBruunAndersen 23 күн бұрын
@@colddogs Remember, the law only defines what is legal and what is illegal. It does not define what is right or wrong.
@Augustus_Imperator 23 күн бұрын
@@colddogs he has no cozy relationship with the board, he's the ceo, the board likes him and they have a good relationship like any board should have with any ceo and that's all. does he have a cozy relationship with a million shareholders too? those are not fact just inferences without any ground
@HeavenGuy 24 күн бұрын
The Judge doesn't like Musk getting out of liberal progressive line. The shareholders have spoken twice. This is more lawfare.
@colddogs 23 күн бұрын
he should be held in contempt for holding the vote while the case is ongoing
@RajDeelish 23 күн бұрын
I don't need to know about his package.
@hornet224 21 күн бұрын
This ain’t a pay package, It’s a Golden Parachute. He’s out of here.
@felixbonneau1834 19 күн бұрын
The 25 billion $ argument is stupid, if the business really wants to do that in texas, the chancellor needs to put governance measures on Tesla in her ruling
@bravevoice2771 21 күн бұрын
Why do quarterbacks get paid so much? Because they are worth it!
@maureen1820 24 күн бұрын
More Biden Election Interference and Underhanded MO
@s_u_n_j_a_y 22 күн бұрын
😎
@Sparta1993 23 күн бұрын
He has earned every penny! He’s done more for humans than you have ! (Me as well)
@Blurrede 24 күн бұрын
Haha hihi 2BaGs i never stop thouc, now and then. You aint wrnnaR meat me noW friend...
@urbpharmer2718 24 күн бұрын
Glad that Elon didn't use blackmail to get this pay package approved. As well as the Board showing their complete independence from Elon. The Chair lead the charge with her message to the shareholders in regards to the 2 major votes. I'm sure it was all her idea to do something that no other Board member has done. She came off to me as fair and impartial.
@colddogs 23 күн бұрын
what do you mean? he threatened to leave the company if he doesn’t get it 😂 sounds like financial blackmail to me
@wadefak 23 күн бұрын
@@colddogs You must like to work without getting paid. In a meritocracy environment you will not survive...
@felixbonneau1834 19 күн бұрын
/s
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