Corporate Lawyer Reviews ELON MUSK Compensation Case: Should TESLA Move to Texas?
There’s lots of lessons for the rest of us
I've read the 201 page case, with 939 footnotes, so you don't have to!
Long story short the Delaware court didn’t like how he justified his $55.8 Billion dollar pay package.
But there’s a lot of lessons in there for us - and how we should run our businesses.
What happened in Delaware?
Why did the court order Elon's pay package rescinded?
Why was this somewhat predictable?
Should Elon move Telsa's state of incorporation to Texas?
I go into all of that, and more, in this video:
https://youtube.com/live/b_iZXXSmd14
Shawn
NOTE: While legal issues are discussed this is education and is not legal advice. It is not a substitute for the advice of an attorney. Please consult your own attorney on your situation and get legal advice about your circumstances. Courts are unpredictable and may disagree with the author’s opinions.
This article contains opinions of the author which may or may not materialize in the future.
This is not financial or investment advice.
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