The lawyers who took on Tesla and Elon Musk wanted $5.6 billion for winning the case. In a lawsuit about excessive pay, ‘That was a bold ask,’ said the judge. 

The lawyers who took on Tesla and Elon Musk wanted $5.6 billion for winning the case. In a lawsuit about excessive pay, ‘That was a bold ask,’ said the judge. 

A Delaware court judge this week denied Tesla CEO Elon Musk’s bid to reinstate his pay package, now valued at $100 billion.  But there was another denial issued: The lawyers who successfully argued that Musk’s pay was illegal and should be rescinded wanted $5.6 billion for their efforts. The judge didn’t quite bite.   However, they…

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The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay

The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay

The full-throated push to grant Tesla CEO Elon Musk a pay package now valued at $100 billion was shut down by a judge this week.  In a 101-page opinion, Delaware Court Chancellor Kathaleen McCormick declined to reverse a previous decision to scrap Musks’ pay. Essentially, she wrote, the arguments presented by the defense representing Tesla…

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Elon Musk is ratcheting up his attacks on his old partner Sam Altman, calling him ‘Swindly Sam’ and OpenAI a ‘market-paralyzing gorgon’

Elon Musk is ratcheting up his attacks on his old partner Sam Altman, calling him ‘Swindly Sam’ and OpenAI a ‘market-paralyzing gorgon’

Once Elon Musk’s cofounder, OpenAI CEO Sam Altman is now at the top of Musk’s “list of enemies”—and he’s not staying quiet about how much he resents him and his company. In an expanded version of a previous lawsuit, Musk called OpenAI a “market-paralyzing gorgon,” the Wall Street Journal reported. He’s also taken to calling…

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