国产三级大片在线观看-国产三级电影-国产三级电影经典在线看-国产三级电影久久久-国产三级电影免费-国产三级电影免费观看

Set as Homepage - Add to Favorites

【??? ? ??】Elon Musk fails bid to restore $55.8 billion Tesla pay package

Source:Feature Flash Editor:hotspot Time:2025-07-03 00:02:35

Elon Musk's $55.8 billion Tesla compensation package just got thrown out yet again. A U.S. judge denied the billionaire's petition to reinstate his outsized pay on ??? ? ??Monday, rejecting his attempt to overturn the previous judgement via a Tesla shareholder vote.

Monday's finding comes after a Delaware court initially threw out Musk's multibillion dollar Tesla compensation package in January. In that ruling, Chancellor Kathaleen McCormick found that Tesla's board of directors had breached their duty to shareholders by mindlessly following Musk's proposal regarding his pay as CEO, offering no pushback nor attempting any negotiation. The court further determined that the $55.8 billion package was disproportionate to the benefit Tesla received, the deal making no demands regarding the amount of time Musk was to spend actually working at the company.

SEE ALSO: Tesla shareholders vote to give Elon Musk a $56 billion pay package after a court shot it down

Musk was predictably unhappy with this ruling. In June, the exact same $55.8 billion compensation package was put to shareholders for reapproval during Tesla's annual meeting. Monday's judgement noted that Tesla told shareholders that the company could save $25 billion in accounting fees by ratifying the deal.


You May Also Like

Once shareholders voted to reapprove Musk's pay package, he and Tesla took the result back to court to ask that the earlier judgement be reversed. In their petition, they argued that a company's shareholders should be able to reverse a court's decision even where there has been a breach of duty, stating that "stockholders hold the power to adopt any corporate acts they deem in their own best interests."

Unfortunately for Musk, McCormick would have none of it. In her ruling this week, the judge was notably unimpressed by Tesla literally creating new evidence in an attempt to flip the court's judgement, noting that they did not cite a single case where such shenanigans have been allowed.

"Were the court to condone the practice of allowing defeated parties to create new facts for the purpose of revising judgments, lawsuits would become interminable," McCormick wrote.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

The court drew a distinction between newly discovered evidence, which would have already existed at the time of the previous trial, and newly created evidence such as Tesla's June stockholder vote. While newly discovered evidence may be cause for a case to be reopened, newly created evidence is not.

McCormick further noted that Tesla made numerous false or misleading statements to its shareholders in advance of the June ratification vote, such as claiming that any breaches the court found could be remedied by reapproving Musk's compensation.

"[E]ven if the Stockholder Vote could have a ratifying effect on the Grant, it could not here due to multiple, material misstatements in the Proxy Statement concerning the effect of the vote," wrote McCormick.


Related Stories
  • Elon Musk's $55.8 billion Tesla compensation has been thrown out by a US court
  • Tesla suspends Cybertruck production. Who could have predicted this?
  • The story in which we highlight yet another Tesla Cybertruck recall
  • Elon Musk and Tesla sued by 'Blade Runner 2049' producers
  • Trump appoints Elon Musk to DOGE, a new U.S. government department

Basically, shareholders can't just get together and decide that what their board did was actually legal after a U.S. court has already determined that it wasn't.

Musk quickly took to social media to decry the judgement, stating that "Shareholders should control company votes, not judges." Tesla has also announced its intention to appeal.

"A Delaware judge just overruled a supermajority of shareholders who own Tesla and who voted twice to pay @elonmusk what he’s worth," wrote the official Tesla X account. "The court’s decision is wrong, and we’re going to appeal. This ruling, if not overturned, means that judges and plaintiffs’ lawyers run Delaware companies rather than their rightful owners — the shareholders."

Addressing such assertions in Monday's judgement, the court found that a company's board members are more analogous to trustees rather than agents. While agents act on behalf of another party (in this case Tesla's shareholders), trustees have a legal obligation to act in the best interests of said party.

Topics Tesla Elon Musk

0.1442s , 9835.109375 kb

Copyright © 2025 Powered by 【??? ? ??】Elon Musk fails bid to restore $55.8 billion Tesla pay package,Feature Flash  

Sitemap

Top 主站蜘蛛池模板: 国产做A爱片久久毛片A片小说 | 东京热人妻社区97人人模 | 久久亚洲av成人无码电影a片 | A片人喾交XXXXX | 2024年理论国产一级 | 日韩欧美视频一区二区在线观看 | 孕妇久久夜色精品国产爽爽 | 亚洲欧美中文 | 国产一区二区内射最近更新 | 免费的又色又爽又黄的视频软件 | 精品久久国产视频 | 久久久久久尤物 | 成人做爰69片免费看网站 | 2024日本大片免a费观看视频 | 亚洲精品鲁一鲁一区二区三区 | 性欧美激情xxxd | 亚洲午夜无码毛片AV久久久久久 | 国产亚洲欧洲一区二区三区 | 国产69一区二区三区在线观看 | 国产a视频一区二区三区 | 久久久无码中文字幕一区二区三区 | 国产精品高清在线一区 | 日韩一级中文字幕在线 | 中日韩精品卡一卡二卡3卡 中日韩精品视频一区二区三区 | 99这里视频只精品2024 | 国产69成人免费视频观看 | 亚洲欧美综合中文字幕另类 | 精品亚洲av无码专区毛片 | 久久久久自慰系列免费看网站 | 久久99精品久久久久久齐齐 | 美女h动态图 | 国产—久久香蕉国产线看观看 | 国产波霸爆乳一区二区 | 人妻被粗大猛进猛出69国产 | 国产精品A久久20242024 | 国产亚洲福利精品一区 | 精品亚洲成a人片在线观看 精品亚洲成a人在线播放 | 波多野结衣中文一区二区 | 久久精品久久久久久久久人 | 国产精品免费无遮挡无码 | 女人毛毛扒开自慰 |