Summary via ChatGPT
A Delaware judge invalidated Elon Musk’s $56 billion Tesla pay package for a second time, citing undue influence and unfair terms set by Musk. Despite shareholder approval earlier this year, the court ruled the process failed to address governance concerns and transparency. The judge emphasized the board’s failure to prove the compensation plan’s fairness, suggesting alternative, reasonable payment options were possible. Tesla may appeal the decision or propose a new compensation plan.
i’ll be tesla ceo for 0.1% (1/1000) of that. i couldn’t possibly be worse than 1/1000th of an elon, or even 1/100th of one, so i’m the far better deal.
There are millions of random internet users that could do a better job than him. And most if not all of them would be willing to work for 0.01% of that. The guy is successful in spite of himself at this point.
line everybody up, take turns. ceo for five minutes then retire, collect $2.33 million paycheck, then the next guy is ‘hired’.
To be fair all you have to do is publicly announce that you’re going to focus on improving build quality and not shitposting and you’d already be a better CEO.
But then investors might realize they sell cars and not dreams.