Reply To: Elon Musk’s $56 billion Tesla compensation is too much, judge rules

  • metta

    Member
    January 31, 2024 at 2:18 am

    <b itemprop=”headline” style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

    <b itemprop=”headline” style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>

    <b itemprop=”headline” style=”font-family: inherit; font-size: inherit; color: var(–bb-body-text-color);”>”While the Delaware Court’s decision opened with a passage describing Musk as the world’s wealthiest person, it should be noted that the CEO was far from the world’s richest when his 2018 pay package at Tesla was proposed and approved. At the time, Tesla had a valuation of less than $60 billion, and the compensation plan, which called for Tesla to grow into a company with a market cap of $650 billion, seemed almost laughable.”

    https://www.teslarati.com/tesla-bull-delaware-court-decision-against-musk-tsla-comp-plan/