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Comment by josenyc | Hacker News Reader

That's beyond ridiculous. What true value has he generated? Also if the stock tanks then shouldn't investors have a right to strip some of that compensation? 50 billion to millions of investors and 50 million to one guy is hardly a fair trade. Not to mention how many times he's promised to deliver new features or products and comes up terribly short.

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He was paid to be CEO and drive the company towards particular goals. The entire point of leadership is to make sure those happen, not to do them yourself.

You can claim the amount should be lower, but then your argument is with the shareholders who came up with the proposal and approved it.

That’s the whole point of the lawsuit. The shareholders allege Musk came up with the proposal, controlled the process, then lied about it to shareholders. The judge found in their favor after a trial.

So why does Musk deserve this again? Because he says so?

No, that’s not what they claimed. The judge found that the board was to biased in favor of Musk. Not that he came up with anything.

The judge found that "At least as to this transaction, Musk controlled Tesla".

Meaning that Musk directed the creation of the compensation package, not that the compensation committee were merely biased. The analysis of this is on pages 103-146 of the ruling.

I want to point out that, you are arguing with a guy who defends a person who spends more time shitposting on twitter then running a company that he really deserves $50bn bonus.

You can spend your time better than this ;)

lol what are you taking about, arguing on the internet is the highest calling! :P

at least argue with someone who might be reasoned with, like flat eathers or underground resistance of reptilian overloads

Tesla market cap is $600B. The shareholders made a lot of money. That was the deal.

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