Summary via ChatGPT
A Delaware judge invalidated Elon Musk’s $56 billion Tesla pay package for a second time, citing undue influence and unfair terms set by Musk. Despite shareholder approval earlier this year, the court ruled the process failed to address governance concerns and transparency. The judge emphasized the board’s failure to prove the compensation plan’s fairness, suggesting alternative, reasonable payment options were possible. Tesla may appeal the decision or propose a new compensation plan.
There are millions of random internet users that could do a better job than him. And most if not all of them would be willing to work for 0.01% of that. The guy is successful in spite of himself at this point.
line everybody up, take turns. ceo for five minutes then retire, collect $2.33 million paycheck, then the next guy is ‘hired’.