this post was submitted on 25 Apr 2024
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RealTesla
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The contract was determined to be null-and-void because Elon Musk (the largest shareholder) was working with Elon Musk (the Chairman of the Board) to determine Elon Musk's salary (the CEO).
There's a bit of squabbling at the Board of Directors stage, as there's more people involved. But it turns out that the Board of Directors acted entirely like Elon Musk sycophants. The Court of Delaware was not amused at this obvious and massive scale corruption where Elon Musk loyalists set the wage of Elon Musk.
Oh thanks for the explanation... Fuck Elon Musk.. is there anything not rotten coming from his direct involvement.