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Tesla Shareholders Approve Musk's $56 Billion Pay Package in Early Voting (www.ibtimes.co.uk)

submitted 5 months ago by boem@lemmy.world to c/technology@lemmy.world

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[–] SturgiesYrFase@lemmy.ml 10 points 5 months ago (1 children)

I'm not super well versed with economics, could you eli5 how it's a good decision for the shareholders? Not being snarky, I'd actually like to know.

[–] NuXCOM_90Percent@lemmy.zip -5 points 5 months ago (1 children)

...

Delaware is still going to stop that bribe any time soon. But this way the stock won’t tank when musk guts the company out of spite and they can sell off their shares over the next few weeks/months.

Horrible for the company but… that company was already fucked.

[–] SturgiesYrFase@lemmy.ml 3 points 5 months ago

Shhhhh....I haven't been up for 18hrs, and I certainly haven't been drinking. Just....just shhhhhhh.