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She is defying shareholders' wishes. This is madness.

Tesla will appeal.

Jeff Lutz puts it well

"Judge McCormick in this 2nd ruling basically states that 72% of shareholders that voted to reaffirm Musk’s compensation again in 2024 are incapable of reading her first ruling that was stapled to the 2nd proxy vote. Also we still didn’t realize Kimbal Musk is Elon’s brother 🙄 So thousands if not millions of Tesla shareholders are illiterate and cannot read according to this judge’s ruling. Corruption, elitist bullsht , or both?"

This could shape up to be a nice buying oppty if we are lucky. IMHO it is perfectly illegal for a DE Judge to act this way. Soon i hope they have their powers revoked.

TSLA down in after hours

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Comments

Matt

Is there a way to short it?

MagicMiles

The stock price DIDNT FALL :( Why not as really need to buy some and am waiting for a correction. C'mon some whale please sell.

F101

If musk leaves tesla. Do to no pay. Then TSLA stock will really fall

StillTheTruth

In my opinion I can't see this affecting the stock price that much. This will be fought over for years in court. Tesla's technology and progress will continue to improve. Elon has had a successful campaign with Trump and Twitter. I imagine he will move out of Delaware completely and there will be a new comp package proposed. I'm not a lawyer but this seems like common sense to me.

Neil Moore

Maybe Elon can escrow that money in BTC while things are worked out, that would rock!

Elpilos

Seriously what free market?

JobberWokker

Maybe the "judge" and the "lawyers" should be given a vacation at the bottom of the ocean? That might be justice served. 😉

btcrealm

R.I.P. Delaware Their supreme court better fix this for them....

Vasilis Stavrakis

I see exactly the same. There is possibly an opportunity to be exploited along with a loss of power. Two birds with one stone. Love what i hear. The more they go against elon, the better our life will be in the long run. They will be left behind by the times.

Beloved

Do we have an address to send a letter to?