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re: Cathy Wood Rips the Delaware Court Finding Voiding Musk's $56B TSLA Compensation

Posted on 2/5/24 at 6:53 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99787 posts
Posted on 2/5/24 at 6:53 am to
quote:

Agreeing to no salary during those five years


Dude bet on himself, and gave his company the chance to do so as well (and to nick him if he failed).

frick this judge.
This post was edited on 2/5/24 at 6:54 am
Posted by teke184
Zachary, LA
Member since Jan 2007
96896 posts
Posted on 2/5/24 at 7:23 am to
quote:

Dude bet on himself, and gave his company the chance to do so as well (and to nick him if he failed).

frick this judge.


Pretty much.

Think of it as Andre Dawson signing a minimum deal with the Cubs circa 1987 just to get the frick out of Montreal, with the agreement that, if he produces, he gets a new deal.

Dawson won the NL MVP in 1987.


But now when it is time for him to get a new deal, somehow his original deal gets voided and he gets shipped back to Montreal.
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