Hacker News Reader

They paid themselves ~$90M (priced at the time of grants) in a period of 3 years, When lawsuit was filed stock was just 3x-4x from the grant times. Seems to me you are spinning that number in the opposite direction for some reason.

Here is complaint: https://cdn.arstechnica.net/wp-content/uploads/2023/07/tesla...

View on HN

FWIW, there was absolutely no attempt at spin on my part. If that $90M number was extractable from the article, I would have cited that. Clearly you agree that the $735M number that appears in the headline is incorrectly spun, right?

I do not agree. Today Directors returned this much money, and headline correctly reflects this. If headline said something like “directors were paid $735M back in 2020” then it would be a spin.

They "returned" $735M, but they never "took" $735M, did they? Seems like you're digging in on the spin. Surely you agree that the distinction is relevant to the headline, right?

It says exactly how many options were issued. Pretty easy to multiply that number times the stock price at the time the deal was made.

Reply on news.ycombinator.com