Musk’s Multibillion-Dollar Tesla Payout Gutted By US Judge | Vantage with Palki Sharma

[@jacksondodd8835]

If the shareholders agree, that is what he should get paid then by God he should get paid that amount. This is similar to democracy, and yet this judge is invoking his own will on the will of the shareholders, this is shameful!

[@mats8038]

How can the shareholders want this. Tesla only make like 15 billion per year in profit and they want to give it all away times 5 to a share holder.Valuation of Tesla is crazy created by Elons 70-100 media posts per day so the ones that want him to get it can pay him personally.

[@ReeChad.]

56Billion for a ceo is scam bro

[@wonderboywrites]

@@ReeChad. Even if we hate to say this, he deserves it for his vision for Tesla and this won't affect him much either way.

[@dangychoice7800]

the will of shareholders is to get profit of course judge can oppose measure for profit

[@yomammaisaskank]

What laws do you base your comment on?

[@mpd8633]

Musk is not just an average CEO. A deal is a deal. Just pay him the money that was agreed.

[@chrisworsley2778]

No

[@chrisworsley2778]

Yes average

[@dangychoice7800]

he stole company first then made it into what it is now

[@ThomasJacobz]

@@dangychoice7800 Tesla founders never made or sold a car. Tesla was founded in July 2003, and Musk joined in February 2004. Tesla didn't have a product, not even an office. It was just a piece of paper of company name registration. They didn't even have money to create something. The founders stopped working in Sep 2007 and left the company in 2008. Musk became the CEO in 2008. The first Gen Roadster, aka Lotus kit car (Put Battery and Motors on a Lotus), was the last and only Tesla project they worked on with the Tesla team. The first proper Tesla EV is the 2012 Model S. So, who is the real founder. Everyone laughed at Tesla until the 2016 Model 3 announcement.

[@yaswanthmannava4072]

How is he average ?? Ceo of 2 ultra successfull companies at a time.​@@chrisworsley2778

[@alancadorette3447]

he did make Tesla a massive car company , and its value soared , no other car company comes close. Tesla cars are all profitable while few of the big 3 do so

[@dangychoice7800]

he stole company first then made it into what it is now

[@anksssssssss]

​@@dangychoice7800so ?

[@Utubeisevil]

no, EV rose on their own bec of climate thing and for his efforts he has stake in Tesla

[@anksssssssss]

@Utubeisevil not all ev rose

[@BondJFK]

Good artist copy , great artist steal and even bigger artist become royal British looters​@@dangychoice7800

[@yonga100]

This judge has a personal problem with Musk. Fire this Judge.

[@milycome]

Huh !! What !! Does Musk deserve this large a payout. Can he possibly be worth that much ?? Musk thinks so. But is he ?? Consider the following scenario : the CEO of a company passes away. The very following day the company quickly plummets into insolvency. When has ANY CEO ever passed away and the company has very soon gone broke and disappeared forever. Ahhhhh, but Musk is different. He is a Superhero in his own mind. After Musk passes away all his businesses (Tesla, Space X, etc.) will survive most likely well into the future, Thank You. Hope I didn't burst any Cult Followers bubble. Oh well. So what if did. 😮😮😮

[@chan400]

Well, extraordinary performance deserve extraordinary pay package. And judges should not compare their pay cheque with Elon's.

[@chrisworsley2778]

No

[@dangychoice7800]

he stole company first then made it into what it is now

[@piratepuppy3394]

He create it ​@@dangychoice7800

[@Utubeisevil]

nothing extraordinary about rise of EV when climate stuff is going on

[@lanzer22]

@@dangychoice7800 He took over with the blessing of the company's board members. The one founder that lost control can cry how it was stolen but truth is that the guy was completely incompetent, meanwhile Elon made everyone rich beyond their wildest dreams.

[@clnelson321]

Imagine not getting paid for 6 years, while growing several multinational corporations and creating enormous wealth for investors worldwide.

[@Knightmare919]

Dont forget the 56 billion dollar payout is also subjected to taxes alot of tax revenue the judge is preventing that

[@newmankidman5763]

My company also approved my pay-out in 2018 for the amount of 56 Pence, now worth 1 Pound and 1 Penny, but the courts are blocking it.

[@tierraokonkwo6671]

😂

[@Andy-pl7nk]

🤔🤣

[@adolfnegeh6520]

😂😂😂😂

[@outdoors445]

An agreement is an agreement 🤝. Why does government always mess things up??

[@jamessolomon8465]

Important fact left out is a shareholder with 9 shares brought this case forward and explained it impacted his value. While this impact 75% of the shareholders opinion and judgement and diversion for the management!

[@davidteh3807]

He did his job well , pay the man .😂

[@afrinaijapoint5395]

they forgot to fully explain that pay package. Musk had a deadline and if he did not meet it he will be paid nothing and many of the shareholders that refused the deal did so bcs they felt it was an unfair deal to Musk in 2018 cause many people were shorting Tesla stock at the time. not bcs he would have achieved it.

[@dineshagrawal295]

And Musk doesn't earn any salary as a CEO

[@yashkhd1100]

So a foolish bitter Govt employee/judge is gonna decide what a far high IQ CEO who had a written agreement what kind of payout he receives if he achieves certain Goals. This is more than a laughable.

[@rbalajinet]

@yashkid Judge is going to look from the angle of corporate laws which has to be followed as a public company. If you are private you can do anything but not as a public company.

[@yashkhd1100]

@@rbalajinet Dude..75% of Tesla shareholder approved Elon's pay. Probably you are in imaginative world where you believe that American legal system is so honest and all. Recently whole US legal system is covered by leftist/woke virus. Most of judges put there political leaning into judgement which is laughable. The judge says he/she believes board is supporting Musk so he is denying it.This is like a joker giving a judgement. Board agrees and 75% shareholder approves it..what Judge has to do with someone's payout..?

[@dangychoice7800]

he stole company first then made it into what it is now

[@anshjaiswal-e6d]

@@rbalajinet well 75 % agreed to it so its even laws should not refrain him you dont need an unaminous consent of 100% for deciding what to pay him

[@ranjanbisht]

From 54 billion to 650 billion and he still did not get paid according to conctract. 😮. . So he has incresed value to 1203.70 % and he still not deserve 8.31 % percent . Is judge stupid 😂 he has 12× investor money.

[@ThomasJacobz]

In today's stock price, it's not even 650 billion. It's 1.1 trillion. 650 billion was the target valuation, according to the deal.

[@teacherbrad9534]

How can a judge veto the wishes of the owners of the company? The man grow the company by more than 1000% so why is there an issue if he gets compensated according to the terms of his contract. The targets set were exceeded so pay the man his money.

[@chrisworsley2778]

Influence

[@Knightmare919]

Also the judge has no idea the 56 billion dollar payout will be subjected to taxes meaning alot of tax revenue.

[@anuj_s_world]

Jealousy

[@ham6682]

Stupid judge that was the deal nobody will ever trust justice dept again

[@xrismanessa3993]

Pay this guy his money. Or otherwise he is going to buy the company again.

[@victor256in]

No one does.

[@AnitaSharma-oj3zq]

The company agreed so what is the judge's problem. Any why the comparison between average CEO and average income earner with Musk - there is NO parity. Yes, definitely behind the scenes players at play here.

[@hiufgterde]

They don't like him becoming that wealthy, that's all. They have no legal grounds to stop that.

[@arnoldmutuse5624]

The judges hv been used to the feeling of being judges n so rich! Jealous come in all forms. If 75% of shareholders agree, then pay him his money!.

[@primal1233]

They should give Elon Musk the money he deserves and is owed

[@AnonymousAnonymous-dc3jm]

I assume he is trying to get back the money he paid for Twitter.

[@yashkhd1100]

Did you read the whole thing ..? Payout agreement was done in 2018. Based on ur ID...Looks like u r just b boat..never mine..;)

[@mikebryant614]

X will eventually pay for itself .,and if you havent been paying attention, Elon has more than enough money to last a million years if he never makes another dime.Based on internal documents, X is currently, on track to bring in around $2.9 billion in total revenue for 2024.Oct 20, 2024

[@Moidu-3rd-time-PM]

he didn't pay much around 50% was Bank loan that was ledged to X itself

[@jevaughnclarke6174]

He grew the company astronomically. If there is no Elon there is no Tesla. What is he worth? Success is to be rewarded, and Elon deserves every penny of what was voted on by at least 70% of the shareholders. This is reminiscent of two things: 1. Voters cannot be trusted ro make up their own minds as they are stupid 2. Regular people don't know how to decipher truth so we must censor anything the arbiters decide is deemed unfit to hear The shareholders are Supreme. What's next , a judge will one day lift the veil on Ltd liability companies and hold shareholders personally liable during company failures.

[@Chryeon]

importantly investors are all millionaires now thanks to him...im happy

[@nkosilangazane2038]

Give the man his hard earned money. he took all the risk and made it work

[@ChairmanMwale]

He created value. Made all shareholders money. Pay him. Shareholders agreed to the deal on assumption he'd not meet his targets. But he has.

[@ethanholt-j7l]

I'm a big fan of investing, and I frequently ponder how successful investors make millions of dollars. I do have the substantial startup funds needed, but I'm not sure what tactics or course of action will assist me generate respectable profits.

[@parkermyer]

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[@jeremyhill-h9e]

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[@ethanholt-j7l]

@@jeremyhill-h9e How can I locate an advisor? I am having trouble with this.

[@jeremyhill-h9e]

She's Elizabeth Louise Greak. To set up an appointment, just look up the name

[@ethanholt-j7l]

@@jeremyhill-h9e As a novice, I am pleased with the information I have discovered on the financial advisor indicated

[@mzimhlemosiwe5047]

So you get a job, you are given goals, you are told what the payout will be, then you accomplish everything, then you are told you will not get paid. Even if he negotiated with himself, he invested that money himself, not to mention, he moved the company from $50 billion, then moved it to $600 billion.. come on, what the hell, in a capitalist country, this is nonsense. That judge is full of shit!

[@hungrypanda4506]

Politically motivated, this judge needs to be investigated. Dude 10x the value of the company in 6 years, pay the man his price.

[@oshanewilliams8865]

Musk definitely deserves his pay

[@NithinPrakashz]

I think founders will stop setting up firms in Delaware.

[@michael895]

I agree. It should be more.

[@normanvaliao]

Initially, Musk didn't ask for it. That package deal was made by the board of directors because they knew during that time it is impossible for Musk to achieve it. But that plan backfired, and Tesla's board had no choice but to pay him.

[@justabigbiggerfan]

i believe thats a op ceo then pay what you owe him , he wasnt doing charity work

[@troyduren7092]

So what you're saying is some judge that can't do what he's done of course, the board couldn't do what he was done. That's why they agreed days terms. He got a dumb fast cause he knew how to do it. They didn't. Nobody else did pay the man. He did his job so what he did at fast it didn't take him years. You're talking, you know? When it took him, would you want to take a 1000 years? Young man is learning.Judge should have nothing to say about it.If she is stockholder humans are already shareholder without it

[@ROGELIOToomey]

Once Elon Musk's XAI735X passes $1, it may NEVER see that low again

[@vinilv1]

BS reporting. The pay is commensurate to his performance. Any competitor would pay that kind of money for musk and a stupid judge who never worked should have no say in this.

[@sa34w]

Judge has no say in this as 70 percent of investors agree, Elon is the most important person in Tesla, it’s not upto the judge to decide who get paid what when majority approved. If the minority share holders feel bad they can always sell the share and invest in other companies that matches their appetite for low pay for CEOs.

[@anshjaiswal-e6d]

even if he is getting billion times avg ceo or household that doesn't matter he should get what was agreed

[@user-je7pc2mp5e]

Indians: American companies do great innovations bcoz of Indian CEOs. Elon Musk: You said something? Indians: Sorry!! I take my words back.

[@kennymwalker]

he should appeal the judgesdecision then take it to the supreme court,the average family and average ceo has grown a company to 650 billion net worth.just democrat activist judge faking laws that dont exist

[@islandvacationtravelchanne417]

When the government needs to get involved in certain transactions of money between countries they don't! But in in businesses they will strong had with authority 😢

[@King_Jal]

Musk deserves this payout because without him, Tesla wouldn’t be where it is today

[@royfrancis23]

His company. Share holder agree then what

[@chinwahyin3154]

Elon should ask for Dividend Distribution which is distributable to all shareholders equally according to their percentage of shareholdings. Asking for pay deal alone in huge amount is pretty unfair to all the shareholders. That means if every director asks for a pay deal like Elon asks, all limited companies will go bankrupt sooner or later.

[@homnaidu.harmonica]

After what the highest pay which the CEO's receive in US is legal wages in US. If the share holders agree with paying him extra the CEO should pay 99% tax on each Dollar earned over the legal CEO wage in the US these laws should be implemented.

[@edwinodus]

Why not just pay him exactly $56 billion, and keep the balance of the $101 billion

[@Ching-Chong-Bing-Bongg]

This is retribution.

[@imperialstrategies6065]

When Trump is in office, they will find another judge to approve of this.

[@Salam_Damai431]

Hopefully the incoming Government will Replace the judge. Was she another Biden nominee?

[@devanarayans5131]

a deal is a deal..

[@jijilr]

Musk to Trump: i will cut your govt efficient. Judge: let's see who does it earlier😂

[@HesterIbarra-o8b]

First Elon bought X and now he launched the XAI735X token this year is crazy

[@KBfin...]

Musk transformed the entire automobile industry, shifting it from conventional vehicles to electric and even autonomous cars. While we may focus on his bonuses during the company's struggles, it's important to recognize that all Tesla employees also deserve equal recognition for their contributions and should be eligible to receive their fair share.

[@anthonydias2809]

This is one of the reason why black money gets the boost

[@compoundingpaper-ron5794]

So punish the guy who takes all the risks, contributes to the economy? But pay people to sit home and don’t work. Not a good plan for the future 😮

[@OptimusPrime-x9x]

His DOGE crypto currency is up 300% since the election, as well.

[@ezrajoshua328]

Elon earned this payout. Buy back the company and remove jealous shareholders who think their investment alone builds a business.

[@bsl5246]

@@ezrajoshua328 just so you know more than 70% shareholders voted in favour of Elon and Tesla is almost a trillion dollar company how do you think he's suppose to buy the whole company

[@dangychoice7800]

he stole company first then made it into what it is now

[@beholdtheman3161]

​@dangychoice7800 So what's your point?

[@dangychoice7800]

@@beholdtheman3161 nothing

[@piratepuppy3394]

@dangychoice7800 mk cuban is your poor daddy

[@BasakTugba-vx4zd]

First Elon bought X and now he launched the XAI501X token this year is crazy

[@canecorsofamily4907]

Pay him 😊

[@johnmarwa6282]

Politics!

[@ReeChad.]

Yoh from 54 to over 600B

[@ThomasJacobz]

At today's market price, Tesla is worth over 1.1 trillion. He made the impossible thing possible. Nobody believed in those goals. Not even Tesla shareholders, that's why they approved that deal. Now it looks like he worked the last 6 years for free.

[@ghazanferfazli7335]

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

[@laurawilliams713]

I'm 37 and have been looking for ways to be successful, please how??

[@ghazanferfazli7335]

Sure, the investment-advisor that guides me is..

[@ghazanferfazli7335]

Mrs Joyce kim

[@MichaelLinda-r7u]

Same, I met Joyce kim last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Joyce kim

[@AndrewMikel-js7qb]

Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!

[@patrickmuir6940]

time to move tesla to texas as well

[@akhilmk2796]

He deserves. Just him the money

[@seanwu3238]

Pay the man

[@sundager8735]

Pure corruption and political

[@countryroadrider1669]

If it's a deal he should get the amount ASAP.

[@kashyapchonekar5437]

We now know which judge is gonna lose their job

[@masterweaver]

How can it be unfair if your company (as a share holder) grow 10 fold and majority agreed to the payout that they don't believe can be achieved. But since it is achieved, it means the same person can bring the company to another new height. As a share holder, I should be very happy to support his vision.

[@ThomasJacobz]

It's 20 times increased. Tesla's market price today is 1.1 trillion.

[@masterweaver]

@@ThomasJacobz exactly the point. imagine a Sales person tell his management that he demand 20% of his sales profit (without salary) if it exceed 100k in a year and the management agreed... few years later he clock 100 million sales and the court rule he is not entitle to the sum!

[@vbijala]

TDS episode 😀

[@KeeshMitchy]

Its his money.

[@Artur-w3j]

India has a problem which is simple I was there and. Can't forget small kids hanging to My taxi beginning for a candy 😢😢😢

[@gamingwithamin9957]

56 billion omg so mush money

[@MAABDHULLAHBASITHMOHOMEDAM-r3p]

His pay is almost equal to sri lanka entire gdp

[@fanaticvandal472]

politically motivated legal interference, shareholders have voted, and a huge majority approved it, while one shareholder who is no doubt deliberately trying to impede Elon Musk gets the liberal Judges sympathy, pathetic.

[@malindafrank.028]

😂 SOMETHING IS NOT RIGHT WITH THIS MAN HE'S BEEN SEEING PUTIN ALOT WHAT IS HE UP TO 🤔

[@shavscott3412]

That judge seem like a hater.

[@fortunatowenceslao5340]

Another woke democRat government employee jealous 😂😂😂

[@dangychoice7800]

he stole company first then made it into what it is now

[@seriejohnson698]

Another dummy using the word woke.😄😆🤓😂

[@hungrypanda4506]

@@dangychoice7800 XD stole the company, how are you lot feeling after the humiliating defeat last month

[@REDDYAi]

He will get what he deserves. X

[@derekranda250]

The judge has been paid to stop the payout. Agent of the matrix

[@Komariaazzzz]

Land of democracy and freedom🤣

[@27Kesia]

Pay that man y’all got money for wars and sheeettt

[@elinhaines]

Maybe Trump will make him reconsider 😂

[@WendyJacinthaEdwards]

😮😮😢Wow Elon Musk Congratulations. However, , That Should Be 10X The Profits Rewards At $56 Billions Dollars Minus $650Billions.That Equal $554 Billions Profits❤❤ Elon Suffers A Lost 56 Billions

[@ThomasJacobz]

Tesla's market price for today is 1.1 trillion. It's not even 650 billion anymore.

[@yomammaisaskank]

Elon walking around pretending we don't remember he's bald.

[@Naresh10511]

Wow poor Musk needs support from all the rich people commenting and wasting time on KZbin

[@tauripolma3648]

Thease Judges gonna have hard time soon enaught xD

[@OptimusPrime-x9x]

I predict he’ll a trillionaire well within a decade unless the economy tanks.

[@brightbright6768]

Why on earth does he need that amount of money for?

[@dzinedge]

He has multiple businesses and so the commitments 😂.... It's a big money for us not for him.

[@jnanakshatriya668]

9 stock holders case . Reminds me of "Ek Macchar Aadmi ko Hijarah bana deta hai." lol

[@anp901]

The judicial system in America is another kind of joke ....

[@takudzwamashamba7453]

give the guy his money

[@gocybertruck8189]

If any CEO deserves it, it will be Elon. I believe he should receive the package as he has done so much for humanity.

[@Nerd-Baker]

Somebody's whole net-worth is his salary 🗿

[@RobN-x4j]

Musk can study Adani’s case of how to cheat.

[@jonathanditren7671]

bro, the u.s is giving hundreds of billions abroad, and we cannot grant 56 billions for the only human with good intentions for the future of the world

[@Preetvnd]

cultist 🤡

[@jonathanditren7671]

@Preetvnd just the true

[@voiceout001]

As much as I don't like the racist MUSK of a slimeball, a deal is a deal and he's an evil genius at that. Pay him the Billis 💰💵💴💶💷

[@david.mysticalbeing]

This is so stupid. Judges and people that have nothing to do with the company are butt hurt about the riches man making money lol

[@chrisworsley2778]

Law is law. Tech giants or any leading companies need to be under the law

[@lilyinthewater161]

Look at Leon simps fighting for a billionaire

[@Stephen-fe8bq]

Tesla had a contract with Musk! He fulfilled his part of the contract! PAY THE MAN! 😡🤬