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  1. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Pro bono means they're not being paid during the case. It doesn't mean they might not get paid costs later. And no, that would be even more suspicious, because who was paying them to do the work? So you admit he only needs a minority of the vote...
  2. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    While this is true, it doesn't help when people pretend that the corporate system is not without its flaws and pit traps. Elon was the shareholder that elected the board originally. Who then voted for him to get more shares. And only the board selects who we vote on. Hauling Ass's...
  3. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Dude, you're just lying here. Lying by omission. The 'shareholders' were the original money guys who selected the board - and then that board selects who any retail shareholders vote for later. So no, you don't just 'get voted on by shareholders' and get on the board. -Crissa
  4. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    No. This is not how this works. The board isn't independent. It's supposed to be. But it can't be, because of the way they hire people. Honestly, you shouldn't be allowed on more than one board. They should have to actually stretch to find people to put on boards. It's not the...
  5. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    'Restrained' Dude, don't even go there. I was just referring to his little spat about reincorporating in Texas. It's a tantrum. Not his politics. And shareholders might not reapprove it? They shouldn't, if the board lied about how likely it was to pay out the goals. Having 'your brother' on...
  6. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    It's not just Kimbal, and there are things you can do to prevent the appearance of conflict. Until the prior suit, I didn't know he was on the board, either. I just assume all boards are corrupt, like you do. Which is why I'm not bothered by the court's decision. The damage is... We vote...
  7. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    https://www.legaldive.com/news/tesla-taking-novel-approach-56b-musk-pay-DGCL-Talley-Lipton-chancery-court-shareholder-suit/713745/#:~:text=%E2%80%9CEarlier%20this%20year%2C%20a%20Delaware,letter%20in%20the%20proxy%20statement. The court found the board didn't do their due diligence to detail...
  8. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    What is in doubt? The court found, this is public record, we're to vote again, this is also public record. https://www.pbs.org/newshour/economy/tesla-wants-shareholders-to-reinstate-56-billion-musk-pay-package-tossed-by-a-delaware-judge If you don't believe in courts, how pray tell should we...
  9. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    That's not how deals work. It's not a deal if it's done under false pretenses. The court saw the evidence, and ruled this deal was under false pretenses. I do not understand why anyone would want to live in a world where dishonesty would be rewarded. So we'll vote on the old package again...
  10. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    ...Not involved in this. This is just a case between shareholders and the CEO. It's completely unrelated to government agencies. If you want to argue you want to live in a world where shareholders don't have legal means to counter what they see as actions not completely fair and honest by a...
  11. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Yes. The banks that had access to Tesla's internals said those 'unachievable' (others' words) goals were instead highly likely. That's probably the most damning part of the details the court case revealed. Yeah, most investors didn't believe Tesla would make it - but their banks who did their...
  12. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Ehh, if he's going to make himself too expensive, I'm sure Tesla will figure something out. -Crissa
  13. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Contracts made under false pretenses are void. The court said it was not honestly presented to the shareholders. I knew the board was weighted towards him in the first place; the court found they failed to include this in the materials to the shareholders. That I knew doesn't change that...
  14. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    Elon is human, and like humans, makes mistakes. He's been making alot of them in public recently. -Crissa
  15. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    You do understand that if you zoom into exponential curve, each part looks similar? Also, most of that curve you're showing is the pandemic boost. -Crissa
  16. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    ...It was discovered in court that you got that pay package without revealing the conflicts of interest or that those benchmarks were considered nearly impossible not to meet? What his next pay package is, is irrelevant to what his last pay package was. The drop in stock price tells it all...
  17. Crissa

    Shareholders, would you vote to reinstate Elon's pay package

    No. He tanked the stock price. This is why the goals of payment plan really need to be stretch goals. -Crissa
  18. Crissa

    Tesla Cuts 10% of Global Workforce

    These guys have been there for ages, they don't need the money at this point. -Crissa
  19. Crissa

    1800 jobs cut today @ Gigafactory rumored there will be a 2nd wave in the next few days.

    It is dumb to lay off people you're hiring. But it's not abnormal to lay off people as you increase productivity. The jobs will come back when financials are better. I just wish the board and CEO wouldn't be so shortsighted about it right now. -Crissa


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