this post was submitted on 17 Jul 2023
195 points (98.0% liked)

World News

32526 readers
284 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
all 7 comments
sorted by: hot top controversial new old
[–] [email protected] 27 points 1 year ago (1 children)

Did they overpay themselves by less than $735 million? Otherwise it was still profitable and they will do it again.

[–] [email protected] 22 points 1 year ago (1 children)

Tesla’s directors will return $735 million to the company to settle claims from shareholders that they excessively overpaid themselves, according to a Monday court filing.

Hallelujah. Now do Elon next. Fucking nobody should be able to cut themselves a $56 Billion paycheck.

[–] Zippy 2 points 1 year ago

Elon could have paid the wages of all the CEO's of the fortune 500 and it would not have made much of a dent. And they are normally paid excessive amounts.

[–] Audbol 20 points 1 year ago

Musk's trial is a separate case and the amount is $56 billion. Fucking Christ this is absolutely insane

[–] [email protected] 13 points 1 year ago

Hope cuck boy gets to feel the pain when that 2019 lawsuit against his multimillion dollar compensation package receives a similar outcome. Fingers crossed.

[–] kemal007 2 points 1 year ago

So they took 11m in excess share options and give back 3.xm now is that due to the difference in price or just an “ok make this enough” settlement?