Elon Musk

Backed by Elon Musk, Gina Carano sues Disney over ‘Mandalorian’ firing

Backed by Elon Musk, Gina Carano has decided to sue Disney over her firing from the hit series ‘The Mandalorian.’ I have to say, I find this whole situation quite fascinating. Elon Musk, the billionaire entrepreneur known for his controversial statements and actions, is now supporting someone who believes they were wrongfully terminated. It’s ironic considering Musk’s own track record with firing employees over tweets.

Carano, who was also starring in movies produced by conservative commentator Ben Shapiro, seemed to be doing just fine financially. So the fact that she’s taking this legal route is perplexing. The silliest part of her lawsuit, in my opinion, is that she wants the court to force Disney to recast her.… Continue reading

Elon Musk’s company directors feel an ‘expectation’ to use drugs with him to avoid upsetting the billionaire, report says

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 slide after judge voids Elon Musk’s $56 billion compensation

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

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

Elon Musk, the controversial and eccentric CEO of Tesla, has been dealt a major blow in his quest to retain a compensation package worth over $55 billion. A judge in Delaware has ruled that Musk must surrender the package, which was awarded to him by Tesla’s board of directors.

This ruling comes after a shareholder lawsuit accused Musk and the board of breaching their duties to the company, resulting in the misuse of corporate assets and unjust enrichment for Musk himself. The plaintiff’s lawyers argued that the pay package was essentially dictated by Musk and that the negotiations with the supposedly independent directors were nothing more than a charade.… Continue reading