this post was submitted on 17 Jul 2023
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[–] vraylle@kbin.social 26 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.

[–] thal3s@sh.itjust.works 21 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@lemmy.world 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@lemmy.world 16 points 1 year ago

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

[–] totallynotaspy@kbin.social 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@lemmy.world 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?