187

Tesla shares slide after judge voids Elon Musk's $56 billion compensation (www.cnbc.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

13 comments fedilink hide all child comments

Tesla shares slide after judge voids Elon Musk's $56 billion compensation::The compensation package the Tesla board gave CEO Elon Musk set a record for publicly traded corporations, a Delaware judge noted in her ruling.

you are viewing a single comment's thread
view the rest of the comments

[-] dragontamer@lemmy.world 10 points 11 months ago

Its actually up right now today. The headline sucks.

Voiding the stock-based compensation means that all other shareholders will automatically get more control of the company. This is actually a good ruling for TSLA shareholders, not that the cult members understand anything about corporate politics, corporate control, or how shares fucking work.

this post was submitted on 31 Jan 2024

187 points (92.7% liked)

Technology

60130 readers

2810 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS