this post was submitted on 03 Dec 2024
431 points (98.9% liked)

News

23452 readers
4952 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Summary

A Delaware judge upheld her earlier decision to void Elon Musk’s $56 billion Tesla CEO pay package, ruling it was improperly granted due to Musk’s control over Tesla and flawed board negotiations.

Tesla’s attempt to overturn the ruling through a shareholder vote was rejected, with the judge warning against revising judgments with new facts post-trial.

Musk called the ruling “absolute corruption” and plans to appeal.

Meanwhile, Musk’s net worth has surged, driven by Tesla’s stock jump following optimism about his alignment with Trump’s policies.

you are viewing a single comment's thread
view the rest of the comments
[–] foggy 32 points 1 day ago (3 children)

This is what I mean when I try to explain to people that if they're not pulling down multiple millions of dollars per year on the interest of their wealth..

They are the middle class. And they're basically poor.

This shit is slipping fast.

If you have a salary that's in the hundreds of thousands and you think that you're doing well? You're just not very poor. You're basically a slave. You're a slave with bells and whistles.

[–] partial_accumen 13 points 1 day ago (1 children)

If you have a salary that’s in the hundreds of thousands and you think that you’re doing well? You’re just not very poor. You’re basically a slave. You’re a slave with bells and whistles.

Poor isn't a measure of wealth compared to others. It also means "with less resources than you need to survive in a healthy way". For most people $100k/year will let you survive in a healthy way. Above a certain dollar figure, having more money doesn't let you live better, it just gets spent on unnecessary crap (or stacked up and hoarded).

[–] [email protected] 10 points 1 day ago

In the short-term: yes.

In the mid- to long-term: obscene inequality (like we are seeing currently) inevitably leads to awful awful things....

[–] FlowVoid 5 points 1 day ago

If you have a salary that's in the hundreds of thousands and you think that you're doing well?

If you have that salary, then you can have a comfortable life. And if you have a comfortable life, then you are doing well.

[–] [email protected] 2 points 1 day ago

If you have a salary that’s in the hundreds of thousands and you think that you’re doing well? You’re just not very poor. You’re basically a slave. You’re a slave with bells and whistles.

No wonder people are so miserable if they believe someone earning 100k+ a year means they're poor. In the vast majority of places in the world that puts you well into the upper middle class. I earn less than half that and I consider myself quite well off.