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I worked at Tesla starting in July of 2017 as an Operations Analyst out of the Bethlehem, PA distribution center facility and left as a Program Manager based out of Austin, TX as of September 2021. I spent most of my time in the distribution and supply chain organizations.
Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies based out of Easton, PA. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019.
I have been a shareholder of Tesla since 2012 and currently own Tesla stock. Nothing I say constitutes as investment or financial advice.
My thoughts are my own and are not representative of everyone who currently works, or has worked at Tesla.
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Elon Musk’s Pay Package Controversy: Legal Insights and Implications
In this episode, we dive deep into the ongoing legal battle over Elon Musk’s compensation package. A Delaware judge has recently overturned his 2018 pay package despite shareholder approval. We explore the judicial reasoning, the appeal process that Tesla is expected to undergo, and the potential consequences for corporate governance and shareholder interests in Delaware. Join us for an in-depth analysis from a legal perspective, including the implications for Tesla, Elon Musk, and broader corporate practices.
00:00 Introduction to Elon Musk’s Compensation Controversy
00:08 Delaware Judge’s Initial Ruling
01:47 Shareholder Reactions and Revote
02:29 Judge’s Final Decision and Legal Implications
03:12 Attorney’s Fees and Legal Proceedings
04:58 Understanding the Legal Arguments
12:58 Judge’s Bias and Appeal Process
18:03 Potential Outcomes and Future Actions
30:32 Confidential Settlement Options
31:03 Judge’s Potential Bias and Future
31:32 Supreme Court and Legal Fees
32:07 Frustrations with the Legal System
33:01 Judges and Political Motivations
33:27 Personal Anecdotes about Judges
36:27 Tesla’s Shareholder Vote and Democracy
38:44 Potential Outcomes and Appeals
48:29 Impact on Delaware’s Business Environment
52:46 Reforming the Judicial System
58:24 Closing Remarks and Contact Information
