Tesla seeks to reinstate Elon Musk’s $56 billion pay deal in a shareholder vote. The mere thought of this proposal is mind-boggling, especially considering the recent layoffs that occurred where over 14,000 employees lost their jobs. The timing seems suspicious, almost as if it is a distracting tactic to shift the public focus away from the poorly handled layoffs. As a shareholder, the audacity of this proposal is both alarming and concerning.
The performance at Tesla has been nothing short of dismal. With a decrease in sales, shrinking margins, stock value plummeting, and major defects like the acceleration bug in the Cybertruck, it paints a grim picture of the current state of the company.… Continue reading
Elon Musk’s company directors have allegedly expressed the feeling of an “expectation” to use drugs with him in order to avoid upsetting the billionaire, according to a recent report. This revelation paints a troubling picture of corporate governance within Musk’s companies and raises questions about the overall stability of such a model.
It is astonishing to think that the use of drugs has become a prerequisite for maintaining a good relationship with the CEO. This volatile behavior exhibited by Musk could, in part, be attributed to his drug use. The real-life version of the Wolf of Wall Street comes to mind, with the drugs explaining his irrationality and unpredictability.… Continue reading
Tesla shares took a significant slide recently after a judge voided Elon Musk’s jaw-dropping $56 billion compensation package. Judge Kathaleen McCormick ruled that Richard Tornetta had successfully proven that Musk “controlled Tesla” and that the process leading to the board’s approval of his compensation was “deeply flawed.” This decision raises several questions about Musk’s authority and accountability within the company.
One of the key issues highlighted by Judge McCormick was Musk’s extensive ties with individuals involved in negotiating on Tesla’s behalf. These individuals included management members who were apparently beholden to Musk. For example, General Counsel Todd Maron, who once served as Musk’s divorce attorney, was among those involved.… Continue reading
John Q. Hosedrinker 
Matt Underwood