Elon Musk

Goddamit
https://upload.wikimedia.org/wikipedia/en/5/55/Jaws_%28James_Bond%29.jpg

Funding secured

how bad do you have to fuck up to be mad at the state that exists solely to facilitate corporate functions

Never incorporate your company in the state of Delaware

— Elon Musk (@elonmusk) January 30, 2024

$55 billion LOL

an honest wage for an honest days work

Well he finally tweeted something that made me laugh

Though it’s got nothing on Trump’s “if you need legal services I strongly suggest you DONT hire Michael Cohen” one

A Delaware judge on Tuesday ruled in favor of the investors who challenged billionaire Elon Musk’s $56bn Tesla pay package as excessive, a court filing showed. The judge found that Musk’s compensation was inappropriately set by the electric-vehicle maker’s board and struck down the package. If the decision survives any potential appeal, the Tesla board will have to come up with a new compensation package for Musk.

Maybe they can agree to something more reasonable and austere, like $45 BILLION

salute Richard Tornetta

Isn’t this the Board’s decision to make?

The suit was filed by Richard Tornetta, some unknown heavy metal drummer who owned only 9 shares at the time the suit was filed!

How does a drummer with 9 shares even know enough about the compensation package to file a suit? Very fishy https://t.co/DZ82pXu6AH

— Milton Matthews (@MiltonMatthew16) January 30, 2024

this guy's band photo from metal archives presented without comment
https://i.imgur.com/4xKciR6.jpeg

lookin good fellas

how sad do you have to be to be a twitter investigator caping your way to argue for Elon Musk getting $56 billion

I look forward to Musk trying to turn Tesla into a Wyoming LLC or something

Tesla Motors (Jersey) Ltd.

"Come to Nevada, we'll let you do whatever the fuck you want"

Musk rueing incorporating tesla in Delaware and omitting to mention that he wasn’t there when Tesla was incorporated.

he prob believes he was at this point

i skimmed the ruling quickly and my gut says there's a decent chance this gets overturned on appeal because delaware loves capitalism

but the facts here are pretty bad... delaware's in a tough place

Saying “I was negotiating with myself” doesn’t seem great

salute Richard Tornetta

Read this as Tonetta and now extremely disappointed.

think what ultimately may be hard to reconcile is that delaware loves shareholders... so here, this comp plan was good for shareholders since it forecast 10x'ing the stock price. but it was also bad for shareholders because it diluted shareholders by giving a bunch of stock to musk.

so is it good or bad for shareholders where they could 10x their stock (good) at the expense of some dilution (bad)? is setting a goal of 10x enough to overcome bad process? will delaware abide seeing companies start incorporating in nevada?

Presumably they easily saw that the forecast of 10x stock price was as thorough a piece of bullshit as every other Tesla/Musk forecast.

You can't get much past a heavy metal drummer.

exploding teslas by the river in the summer

and that's all right with me

he bought one share for each of his nine cymbals

this mfr thinks he studied engineering

https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:m7w6mfn35d53chutrzjzgkng/bafkreiezwryqglvsvetbkwnut2v6vavnv46ob4bjasacpic5vy2lxv4b2u@jpeg

huh. i thought he wanted to mainline that govt funding into his private ass pocket

also he has lied repeatedly about having a physics degree. his actual degrees were likely bought instead of earned.

Looking back on the early posts itt is funny. Some nailed from the beginning what a snake oil salesman he has always been, others fell into the hype of cool space tech genius that he never was.

Who he?

― Named locally as Tom D (Tom D.), Wednesday, October 31, 2012 12:40 PM (eleven years ago) bookmarkflaglink

if only we couldve turned back here

https://bsky.app/profile/hedlikeahole.bsky.social/post/3kkk3vebmq22a

$2 Frankenstein pork sac

azealia banks is very gifted at insults

its cannon that grimes smells like a roll of nickels

"the flaccid musings of this albino toad looking hangnail" lol. Pretty good board description of X.

tesla stock price starting to get interesting

is there some trigger for something or something

this was a good read https://bondangle.substack.com/p/tesla-moving-the-goalposts-works

its interesting, people myself and others, thought the real danger to tesla was the big car makers seriously getting into electrification, and i still think that, but also telsa is getting beat by other electric only carmakers, byd selling more cars, rivian and lucid making better cars

is there some trigger for something or something

my feeling is there's been a slow realization over the past 12 months, and especially the past three, among the good faith normie tesla bulls (incl. institutional investors) that it's just a car company, and car companies have no real bottom in terms of valuation, and meanwhile the rest of the nasdaq is going up. i don't know if there's a personal margin call or anything like that, although since he's posting great replacement stuff today, let me say i hope so.

ah i see yeah will be interesting to see how long people can fool themselves into thinking telsa is going to grow into the biggest company ever

my favorite normie bull btw is https://twitter.com/garyblack00. over the past few months you can gradually see him realize it's not a good bet any more, and losing his patience with his dumpster fire shitcoin/AI influencer mentions.

haha musk sabotaged his empire by pushing blue checks to the top of replies

was thinking about the musk compensation lawsuit situation, its pretty funny he got all these bonuses for insane stock price growth put in the contract, and while the line was very unlikely to go up that much theres still no reason to have a scenario where you give the ceo $50b, but via conning retail investors he got the contract, then he conned retail investors into driving the stock up to the point where he actually recieved the $50b, amazing performance tbf you can only tip you cap, and it wouldve worked if it wasnt for one meddling death metal drummer

This has to be the hardest, most futuristic exit of a Cybertruck owner anyone has ever seen thus far 🔥pic.twitter.com/7uY8tbg7IO

— Teslaconomics (@Teslaconomics) February 4, 2024

also the stagiest

I've seen a few similarly performative clips like that, so I assumed they were performative. On the other hand, you still need the dumb car and the dumb goggles, so maybe they are for real? As in, real douchebag?

I would like to congratulate Poochie on transcending his former status as a purely fictional character, well done m'boy

shouldve gotten hit by another cybertruck at the end to really make it