In a world where business dynamics can be cutthroat, it’s no surprise to hear about the recent debacle that has caused The Giving Pies, a beloved bakery in San Jose, to lose thousands of dollars due to Tesla reportedly canceling a large order. As someone who values integrity in business dealings, hearing about this situation strikes a chord with me. It’s disheartening to see a local establishment suffer such a financial loss, especially when it could have been preventable.
The impact of Tesla reneging on their catering deal with The Giving Pies cannot be understated. For a small bakery to have to deal with the repercussions of producing 4000 pies and then not receiving payment is a tough pill to swallow.… 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
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
John Q. Hosedrinker 
Matt Underwood