Summary
A Delaware judge upheld her earlier decision to void Elon Musk’s $56 billion Tesla CEO pay package, ruling it was improperly granted due to Musk’s control over Tesla and flawed board negotiations.
Tesla’s attempt to overturn the ruling through a shareholder vote was rejected, with the judge warning against revising judgments with new facts post-trial.
Musk called the ruling “absolute corruption” and plans to appeal.
Meanwhile, Musk’s net worth has surged, driven by Tesla’s stock jump following optimism about his alignment with Trump’s policies.
It’s OK, they’ll have a fully qualified team of crack operatives, ready to take over if the car needs human assistance!
And by that they mean a guy in Bangalore, being paid $1 an hour to stare at 20 screens all day, hoping to Vishnu that he doesn’t kill anybody today.
I’m assuming that it’s the same shitty self driving tech they have now, only instead of you sat there ready to take over when it decides it can’t be bothered or veers into oncoming traffic, some other poor schmuck will be doing it instead. Only with an extra second of latency.
People will die.