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.
Martin Eberhard et al built Tesla. They hacked a Porsche Lotus Elise apart and used laptop cells to make it scary fast, and inexpensive. Musk never founded the company, nor did he contribute to the engineering in a meaningful way.
Melon isn’t an engineer, he’s a fuckin dead weight clown who is damn good at convincing people he matters.
I was literally watching it happen.
Musk, Eberhard, and a few others came together to build an electric sports car. The only reason Musk isn’t listed as a ‘founder’ is because one of them already had an LLC registered and it saved them some paperwork to reuse that.
I understand you dislike him and that’s fine, but calling him names just makes you look like an uneducated buffoon.
Your uneducated opinion is observed and discarded.
What does a thoroughly inane statement like “watching it happen” mean to you?
Closely following the company during that time period and their various development efforts.
Watching Eberhard repeatedly go down the tech tree of a gearbox, and having it repeatedly fail. Switching designs, switching manufacturers, two or three times doing this and ending up with a result that would not be reliable.
Then Elon steps in with an obvious, simple solution of just put a single gear and a larger electric motor and suddenly development moves forward.
I also note with interest that nobody of any real acclaim wanted to work with Eberhard after he left Tesla. Ex Tesla employees are generally in high regard, Eberhard was not.