Elon Musk

[rcw1]

Good morning,
Published this morning, (15/11/22), News Corp Media

A US trial over Elon Musk’s $US50bn compensation package at Tesla has started in a US court.

Richard Tornetta, a shareholder of the electric car maker, filed a complaint in 2018 on the grounds that Musk and the company’s board of directors failed to respect their duties when they authorised the pay plan.

According to the plaintiff, Musk dictated his terms to directors who were not sufficiently independent from the tech tycoon to object.

The court date landed as Musk is facing a deluge of scrutiny over his $US44bn takeover of Twitter that has seen big layoffs, an exodus of advertisers and a proliferation of fake accounts. The Tesla shareholder accuses Musk of “unjustified enrichment” and asked for the annulment of the pay program.

According to a legal filing, Musk earned the equivalent of $US52.4bn in stock options over four and a half years after virtually all of the company’s targets were met. When the plan was adopted, it was valued at a total of $US56bn.

Lawyers for the tycoon and the other defendants argue that the compensation plan is linked to the company’s performance and that Tesla’s stock market value increased more than tenfold since its adoption.

Musk is expected to testify on Wednesday and canceled an in-person appearance at an event on the sidelines of the G20 in Indonesia to attend court.

 

[mullokintyre]

Good morning,
Published this morning, (15/11/22), News Corp Media

A US trial over Elon Musk’s $US50bn compensation package at Tesla has started in a US court.

Richard Tornetta, a shareholder of the electric car maker, filed a complaint in 2018 on the grounds that Musk and the company’s board of directors failed to respect their duties when they authorised the pay plan.

According to the plaintiff, Musk dictated his terms to directors who were not sufficiently independent from the tech tycoon to object.

The court date landed as Musk is facing a deluge of scrutiny over his $US44bn takeover of Twitter that has seen big layoffs, an exodus of advertisers and a proliferation of fake accounts. The Tesla shareholder accuses Musk of “unjustified enrichment” and asked for the annulment of the pay program.

According to a legal filing, Musk earned the equivalent of $US52.4bn in stock options over four and a half years after virtually all of the company’s targets were met. When the plan was adopted, it was valued at a total of $US56bn.

Lawyers for the tycoon and the other defendants argue that the compensation plan is linked to the company’s performance and that Tesla’s stock market value increased more than tenfold since its adoption.

Musk is expected to testify on Wednesday and canceled an in-person appearance at an event on the sidelines of the G20 in Indonesia to attend court.

Without knowing the merits of the court case, it is most interesting to see the way the MSM has turned on Musk.
Whereas he once was referred to as an Entrepreneur , the article refers to him as the somewhat derogatory term, tycoon.
Its great when you are media darling, but feel the pain when they turn against you.
Mick

 

[rcw1]

Without knowing the merits of the court case, it is most interesting to see the way the MSM has turned on Musk.
Whereas he once was referred to as an Entrepreneur , the article refers to him as the somewhat derogatory term, tycoon.
Its great when you are media darling, but feel the pain when they turn against you.
Mick

Good morning mullokintyre,
For mine, no one escapes the wrath of the media. If you are in the 'spotlight' long enough they will 'turn on you'. Most have built resilience to that and have hides thicker than a rhinoceros..

Have a very nice day today.

Kind regards
rcw1

 

[qldfrog]

Good morning mullokintyre,
For mine, no one escapes the wrath of the media. If you are in the 'spotlight' long enough they will 'turn on you'. Most have built resilience to that and have hides thicker than a rhinoceros..

Have a very nice day today.

Kind regards
rcw1

Or they buy the media..look twitter?

 

[orr]

Or another take might be; An ambit claim by one individual, hearalded with trumpets by a toady hack in a news organisation run by one brother who's getting zero advertising revenue from major worldwide retail distributor who's warring brother sits on board of said company.
And early days as to 'Twitter'; could flounder.... Or not, and go on eat the lunch of quite a few established global media players.

But see that you might need to step back a little and 'get a bit of scope'...
welcome to further inciteful/insightful input.

 

[Gringotts Bank]

Dominion over Earth.

Still not something most people consider. Within our lifetime, we may witness the technological singularity. Suddenly, out of nowhere, large and highly unusual events start popping up across the globe. There will be a mad scramble to figure out what's going on, and then there will be reports that it's out of control.

 

[sptrawler]

Has Elon's shakeup of Twitter and its workforce, caused some internal discontent amongst the troops ? You never know he may have woken, the woke, the mob may be roused.
He should never have reinstated Trumps twitter account.

Musk's Neuralink under federal investigation for potential animal-welfare violations following staff complaints

The probe focuses on violations of the Animal Welfare Act, which governs how researchers treat and test some animals, according to documents reviewed by Reuters and sources familiar with the investigation.

www.abc.net.au

Elon Musk's Neuralink, a medical device company, is under US federal investigation for potential animal-welfare violations amid staff complaints that its animal testing is being rushed, causing needless suffering and deaths.

 

[Craton]

He should never have reinstated Trumps twitter account.

One could see this coming one way or another, Musk no longer bipartisan and now supports the GOP.

Musk drops the bipartisan pose — and Republicans cheer​

Twitter’s new CEO has aligned himself with the GOP and welcomed back far right-wing users as Democratic scrutiny escalates.

The Republicanization of Elon Musk​

Elon Musk's public musings over the last six months have cemented an unmistakable new reality: The world's richest man, and owner of the de facto public square, has become more and more Republican.

 

[wayneL]

One could see this coming one way or another, Musk no longer bipartisan and now supports the GOP.

OMG! The temerity of supporting a mainstream political party that isn't the Dems.

Just unacceptable!

 

[Gringotts Bank]

One could see this coming one way or another, Musk no longer bipartisan and now supports the GOP.

An entrepreneur like that is not going to be a lefty. It's not possible. But his attitude is completely different to the typical ruthless, right wing billionaire prick. His projects are designed to help the world, and they do in large scale. That's sort of socialist in a way. I think of him as centre-right.

You know what's strange is that Gates, Zuck and Bezos are extreme right wing in their attitudes and behaviours. They're aresholes. But they pretend to be left wing. They do it to avoid public attack.

 

[The Triangle]

Has Elon's shakeup of Twitter and its workforce, caused some internal discontent amongst the troops ? You never know he may have woken, the woke, the mob may be roused.
He should never have reinstated Trumps twitter account.

Musk's Neuralink under federal investigation for potential animal-welfare violations following staff complaints

The probe focuses on violations of the Animal Welfare Act, which governs how researchers treat and test some animals, according to documents reviewed by Reuters and sources familiar with the investigation.

www.abc.net.au

Elon Musk's Neuralink, a medical device company, is under US federal investigation for potential animal-welfare violations amid staff complaints that its animal testing is being rushed, causing needless suffering and deaths.

Elon should have had said he was testing out deadly bat viruses rather than trying to help disabled people and the government would have left him alone.

 

[moXJO]

One could see this coming one way or another, Musk no longer bipartisan and now supports the GOP.

This is wrong in the vein of it being a small part of the story. It's a snippet of his actual standing.

 

[Craton]

This is wrong in the vein of it being a small part of the story. It's a snippet of his actual standing.

Yep, and that small snippet is enough to sway a heck of a lot of people, unlike us open minded types.

 

[moXJO]

Yep, and that small snippet is enough to sway a heck of a lot of people, unlike us open minded types.

Absolutely.
However many of his die hard fans are tech oriented, intelligent and often liberal leaning. I haven't seen anyone that has followed him for a long time be swayed.

I myself thought the guy was a giant grifting shtbag. However, me wanting to profit from Tsla shares enlightened me to the fact he is in fact the second coming

 

[Gringotts Bank]

I think a shift to the right will occur in the US, but not because of Elon's personal preferences. Remember he has said in the past he has voted for the Dems, so he's a lot more centrally oriented than people are saying. I think the red-shift will happen as a result of the amount of corruption he's exposing in the old Twitter and their collusion with woke media and Democrats. What they did was criminal.

Imagine what would be exposed if he took over Goldman Sachs or FB or Enron.... or the government itself! It would be 10x worse.

 

[Gringotts Bank]

Twitter website down. It was just a matter of time, wasn't it? I guess it could be an internal issue, but i doubt it.

How long can you go on supporting free speech and exposing the deep state before they attack? He has upset virtually every oligarch on the planet with his Twitter files: FBI, CIA, the Leftoids, the Wokezoids, the LTBetc, the bankers, all of silicon valley, all the other social media platforms, Google, the MSM, "journalists". In a way, it's amazing he's still alive.

It feels like one man against the world, trying to save the planet from tyranny. TwitterFiles has exposed how deeply corrupt the US system is, and they're only just scraping the surface. It's murky as hell. Against this, he has himself and 50 Twitter employees paddling like crazy to defend the fort. Can they do it?

 

[mullokintyre]

Twitter website down. It was just a matter of time, wasn't it? I guess it could be an internal issue, but i doubt it.

How long can you go on supporting free speech and exposing the deep state before they attack? He has upset virtually every oligarch on the planet with his Twitter files: FBI, CIA, the Leftoids, the Wokezoids, the LTBetc, the bankers, all of silicon valley, all the other social media platforms, Google, the MSM, "journalists". In a way, it's amazing he's still alive.

It feels like one man against the world, trying to save the planet from tyranny. TwitterFiles has exposed how deeply corrupt the US system is, and they're only just scraping the surface. It's murky as hell. Against this, he has himself and 50 Twitter employees paddling like crazy to defend the fort. Can they do it?

Definitely FBI hack. Or could be CIA. Or maybe even fancy bear him(her/they)self!
Mick

 

[Knobby22]

Twitter website down. It was just a matter of time, wasn't it? I guess it could be an internal issue, but i doubt it.

How long can you go on supporting free speech and exposing the deep state before they attack? He has upset virtually every oligarch on the planet with his Twitter files: FBI, CIA, the Leftoids, the Wokezoids, the LTBetc, the bankers, all of silicon valley, all the other social media platforms, Google, the MSM, "journalists". In a way, it's amazing he's still alive.

It feels like one man against the world, trying to save the planet from tyranny. TwitterFiles has exposed how deeply corrupt the US system is, and they're only just scraping the surface. It's murky as hell. Against this, he has himself and 50 Twitter employees paddling like crazy to defend the fort. Can they do it?

Definitely not the fact he is now running a skeleton staff since he sacked half of them and then asked remaining staff to sign a declaration to work for him for crazy hours for no more pay and then lost more of his best staff who took the 3 months pay and left to work somewhere else.

Must be a deep state (of denial) taking place.

 

[The Triangle]

Twitter website down. It was just a matter of time, wasn't it? I guess it could be an internal issue, but i doubt it.

How long can you go on supporting free speech and exposing the deep state before they attack? He has upset virtually every oligarch on the planet with his Twitter files: FBI, CIA, the Leftoids, the Wokezoids, the LTBetc, the bankers, all of silicon valley, all the other social media platforms, Google, the MSM, "journalists". In a way, it's amazing he's still alive.

It feels like one man against the world, trying to save the planet from tyranny. TwitterFiles has exposed how deeply corrupt the US system is, and they're only just scraping the surface. It's murky as hell. Against this, he has himself and 50 Twitter employees paddling like crazy to defend the fort. Can they do it?

Been on twitter a few times this morning. Never had an issue.

I wouldn't so much say Elon is exposing the US system, he's just reinforcing human nature and the corruption of power. The government has always censored people and lied. The rich have always bought influence. Not really news to anyone. Those on the right just said we told you so, and those on the left just said, it's not a big deal and who cares.

If Elon genuinely worried about the state of free press he could have started his own media site and hired some top Jounalists for considerably less than $40+ billion. But even he would probably descend into having 50% of his articles about how great tesla is.

 

[wayneL]

Definitely not the fact he is now running a skeleton staff since he sacked half of them and then asked remaining staff to sign a declaration to work for him for crazy hours for no more pay and then lost more of his best staff who took the 3 months pay and left to work somewhere else.

Must be a deep state (of denial) taking place.

LMAO.

Crazy hours? Like, normal hours everybody else works for that sort of money?

Do you have your own business, Knobs, or to you work for someone?

Twitter was in a losing vortex of insane salary costs and destroying half its readership. Musk is about turning a profit, that ain't gonna happen with a wage roll 500% of what is should be, even with the odd brief outage.

Jezuz, FaceAche does the same thing occasionally.

Careful now, your cognitive biases are showing through and one should keep those under cover