Tesla directors pay $735M to settle claims they overpaid themselves | TechCrunch
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Tesla's directors will pay back $735M to company in settlement over claims they overpaid themselves in stock options.
  • vraylle@kbin.social
    27·
    1 year ago

    Did they overpay themselves by less than $735 million? Otherwise it was still profitable and they will do it again.

  • Thales@sh.itjust.worksEnglish
    21·
    1 year ago

    Tesla’s directors will return $735 million to the company to settle claims from shareholders that they excessively overpaid themselves, according to a Monday court filing.

    Hallelujah. Now do Elon next. Fucking nobody should be able to cut themselves a $56 Billion paycheck.

    • Zippy@lemmy.world
      2·
      1 year ago

      Elon could have paid the wages of all the CEO’s of the fortune 500 and it would not have made much of a dent. And they are normally paid excessive amounts.

  • Audbol@lemmy.worldEnglish
    17·
    1 year ago

    Musk’s trial is a separate case and the amount is $56 billion. Fucking Christ this is absolutely insane

  • totallynotaspy@kbin.social
    141·
    1 year ago

    Hope cuck boy gets to feel the pain when that 2019 lawsuit against his multimillion dollar compensation package receives a similar outcome. Fingers crossed.

  • kemal007@lemmy.worldEnglish
    2·
    1 year ago

    So they took 11m in excess share options and give back 3.xm now is that due to the difference in price or just an “ok make this enough” settlement?