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.

You are viewing a single thread.
View all comments View context
25 points
*

I’m glad your generation isn’t getting laid, I’d hate for there to be more dumbasses that need to justify why a billionaire needs more billions.

I say hang the man.

on a ceiling fan for fun until there’s a red streak across the wall in every direction, then make it a memorial to American workers.

His kind eats entire generations of wealth. He’s an enemy to you and everything prosperity stands for. If Trump wants to start ejecting immigrants, he can start with that one.

permalink
report
parent
reply
-15 points

I’m not ‘justifying why a billionaire needs more billions’.
I’m saying that your personal opinion of Musk doesn’t fucking matter. Neither does mine. What matters is facts. You may think he’s an asshole, but if you can’t objectively recognize that he’s achieved a lot, if his current political misadventures must necessarily invalidate his past accomplishments and make him unworthy of any praise in your mind, then you’re a small minded fool blinded by your own hatred.

He’s an enemy to you and everything prosperity stands for.

Perhaps. But if it wasn’t for Tesla, electric cars would still be ‘10 years away’. Do you deny that?

permalink
report
parent
reply
12 points

He is a Nepo baby manchild who bought his way into everything. He has a team of handlers who keep him from doing and saying shit so he won’t fuck things up worse than he already has.

He spends his free time playing video games, twatting, and doing drugs. He ignores his twelve kids and pretends to be CEO of two companies while having involvement with five others.

He fucks his staff and threatens to sexually assault women for fun. Your opinion of him is so far from the truth one could only conclude you literally have no fucking clue or are surgically attached to his ass in order to swallow all his shit.

permalink
report
parent
reply
-11 points

Actually I suspect I know more about him than you do.

I didn’t know of him in the PayPal days. I did know of Tesla though. I was reading their blog as their then-CEO Martin Eberhard was trying to make the original Roadster into a reality. Eberhard was focused on a design that involved a two-speed gearbox, you could select gear 1 for more power or gear 2 for more range/higher speed, and switch between the two at any time (including while driving). The problem is, making a gearbox and synchromesh that will reliably shift under load at 16,000 RPM is tough. Making it last the life of the car, and be cheap enough to put in a car, is double-tough.
So I watched that blog as they tried for about two years, going through different transmission vendors and designs.
That was when I first heard of Elon. He was one of the initial founders of Tesla, one of the largest investors. And after a year or two he stepped in and started throwing his weight around. He pushed Eberhard out and stepped in as CEO. And his first choice was to dump the transmission entirely, focus on engineering a larger / more powerful / more efficient electric motor that could deliver good acceleration through a single-speed reduction gear.
That got the Roadster out the door.

Point is- while he may have stepped into the big chair like a bull in a china shop, he was right. He quickly identified the objectively correct engineering decisions and started Tesla on the right path.

Look at SpaceX. Elon basically built SpaceX from the ground up. Him and Tom Mueller (designer of the Merlin rocket engine) were the first two employees.

I’m not claiming he’s a saint. I personally know people who have worked directly for him. Everyone inside and outside his companies agrees he’s kind of an asshole sometimes and he rides his people absurdly hard with no concept of work life balance. And lately he’s gone a bit off the rails with his politics.

But I am claiming, and I think objective history shows, that he is effective. Being an asshole doesn’t invalidate that.

permalink
report
parent
reply
12 points
*

Yes, because Electric-car and self-driving aren’t a combo deal.

Every Tesla runs on the same battery they did before there were Teslas, hundreds of 18650s, and golf carts had regen braking.

If it seems like a lot of our progress is just smoke and mirrors, it mostly is.

permalink
report
parent
reply
-4 points

18650’s existed. But nobody was putting them in cars. All the prototype cars automakers were showing off used large format pouch cells. These had various issues with heat and longevity and safety and thermal expansion. Using 18650’s in a car was a Tesla invention.

Teslas today no longer use 18650s, they use 2170s and 4680s, both cell formats brought into mainstream by Tesla.

The bigger issue is nobody was building electric cars!! All the pieces of tech existed but nobody was bothering to put them together. A big part of Tesla’s mission (which they accomplished) was basically to embarrass mainstream automakers into building EVs. That’s worked.

That’s what I credit Tesla/Elon with doing- actually building a damn EV and selling it.

permalink
report
parent
reply
1 point
Deleted by creator
permalink
report
parent
reply

News

!news@lemmy.world

Create post

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.

Posts must be news from the most recent 30 days.


6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Community stats

  • 14K

    Monthly active users

  • 10K

    Posts

  • 197K

    Comments