Summary

A Delaware judge upheld her earlier decision to void Elon Musk’s $56 billion Tesla CEO pay package, ruling it was improperly granted due to Musk’s control over Tesla and flawed board negotiations.

Tesla’s attempt to overturn the ruling through a shareholder vote was rejected, with the judge warning against revising judgments with new facts post-trial.

Musk called the ruling “absolute corruption” and plans to appeal.

Meanwhile, Musk’s net worth has surged, driven by Tesla’s stock jump following optimism about his alignment with Trump’s policies.

  • Blackmist
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    2 days ago

    Because he’s going to make money hand over fist when Trump’s “road safety” department allows Tesla to operate unsafe robo taxis.

    • fuzzywombat@lemmy.world
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      1 day ago

      If those robo taxes are working off of similar system to their half baked self driving tech, it would be a disaster. I keep seeing videos of Waymo taxis clogging up the streets of San Francisco and those things have much better suite of sensors than Tesla. It’s insane that our public road has become a alpha/beta testing platform for bunch of tech bros.

      • Blackmist
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        1 day ago

        It’s OK, they’ll have a fully qualified team of crack operatives, ready to take over if the car needs human assistance!

        And by that they mean a guy in Bangalore, being paid $1 an hour to stare at 20 screens all day, hoping to Vishnu that he doesn’t kill anybody today.

        I’m assuming that it’s the same shitty self driving tech they have now, only instead of you sat there ready to take over when it decides it can’t be bothered or veers into oncoming traffic, some other poor schmuck will be doing it instead. Only with an extra second of latency.

        People will die.