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Tesla directors pay $735M to settle claims they overpaid themselves (techcrunch.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 27 points 2 years 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 2 years 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 2 years 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 2 years ago

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

[–] [email protected] 13 points 2 years 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 2 years 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?