As the court's 200-page conclusion
Posted: Sat Jan 04, 2025 5:34 am
06.2024 Elon Musk must return $56 billion in bonus Mask Giorgi Tolordava 07.12.24 00:03 • 11748 A Delaware court has rejected a lawsuit filed by Tesla CEO Elon Musk, upholding a ruling that the world's richest man must return a $56 billion bonus he received from Tesla because he did not deserve the money. According to the court, in 2018, the company's management awarded Elon Musk the largest bonus in human history, which was contrary to the interests of Tesla investors and served only one purpose - to enrich Musk.
states, in 2018 the company was making a loss, and its director was paid a record-breaking bonus, which was simply a senseless act. Although Musk is the head of Tesla and the company's largest shareholder, the company has germany business fax list millions of other shareholders, and protecting their interests is the main task of the company's supervisory board. As the Delaware court concludes, both Tesla's management and board acted in concert, protecting not the interests of investors, but Elon Musk's position directly.
The court is currently demanding that Musk return this $56 billion, both in cash and in the form of shares. Elon Musk Tesla Similar news baby Top car news of the week 20:00 - 07.04.2024 643fccb6a3e26 SpaceX launches a spaceship-shaped torch that costs $175 15:53 - 19.04.2023 63d7a109bdde5 TESLA shares rose 30% in one week | Capitalization increased by $200 billion 14:59 - 30.
states, in 2018 the company was making a loss, and its director was paid a record-breaking bonus, which was simply a senseless act. Although Musk is the head of Tesla and the company's largest shareholder, the company has germany business fax list millions of other shareholders, and protecting their interests is the main task of the company's supervisory board. As the Delaware court concludes, both Tesla's management and board acted in concert, protecting not the interests of investors, but Elon Musk's position directly.
The court is currently demanding that Musk return this $56 billion, both in cash and in the form of shares. Elon Musk Tesla Similar news baby Top car news of the week 20:00 - 07.04.2024 643fccb6a3e26 SpaceX launches a spaceship-shaped torch that costs $175 15:53 - 19.04.2023 63d7a109bdde5 TESLA shares rose 30% in one week | Capitalization increased by $200 billion 14:59 - 30.