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.

  • Doomsider@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    8 days ago

    It is more a indictment of modern society as we have a lot of wealthy conartist including our new POTUS doing the same thing. You only have to look at examples like the pillow guy to see just about anyone can make it big with the right connections.

    So is he really good or is the environment just bad and allows these charlatans to operate with impunity. I definitely lean towards the later.