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Elon Musk bashed by heavy metal drummer who cost him $56 billion (www.reuters.com)

submitted 2 years ago by pelespirit@sh.itjust.works to c/usa@lemmy.ml

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Elon Musk suffered one of the biggest legal losses in U.S. history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.

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[–] YurkshireLad@lemmy.ca 24 points 2 years ago (2 children)

Anyone who thinks they deserve $56B compensation as CEO should never be allowed to be a CEO.

[–] pelespirit@sh.itjust.works 5 points 2 years ago (1 children)

They were/are paying it so far though, that's what's crazy too.

[–] Kbin_space_program@kbin.social 8 points 2 years ago (1 children)

Did you see the part where the guy in charge of negotiating on behalf of the company against Musk, was his own personal lawyer.

[–] pelespirit@sh.itjust.works 3 points 2 years ago

No I did not, narcissists and lawyers have interesting relationships, lol.

[–] Stillhart@lemm.ee 5 points 2 years ago

I'd say people in that position need that sort of confidence to do their job well. But that's why there's a board of directors: to reign in that ridiculous CEO overconfidence. Musk is the headline because he makes headlines but the real fuckers here are the board who though "sure, $56 billion dollars seems reasonable".

Note: my Tesla was in the shop for ELEVEN months waiting for spare fucking parts from Tesla. I wonder how many they could have made with $56 billion...