Also, Tesla won the case about SolarCity. Is your objection that they shouldn't have? Because that seems surprisingly reasonable given your other comments.
Also, Tesla won the case about SolarCity. Is your objection that they shouldn't have? Because that seems surprisingly reasonable given your other comments.
Full disclosure, I agreed with Elon's current opinions before he had them, and I'm an avid legal nerd. I try to separate them as best I can, but when cases like this come up I can get a bit testy. I could word the same statements in an anti-Musk way, but this judgement is, to use a technical term, bullshit. My point is that this is a ridiculous penalty for the violations alleged, and simple punitive damages for misrepresented information would have been appropriate. A "slap on the wrist", as it were.
Is a fine even possible as a remedy here under Delaware law? Tornetta didn't ask for it, there appears to be no discussion of a fine even as a possible remedy in the decision, and I'm not sure whether Delaware law allows for a fine in the first place.
The closest thing is the discussion about the defendants failing to "identify any logically defensible delta between the unfair Grant and a fair one", so the court was basically left with leaving the grant intact or ordering recission, and it seems in that case the general bias is against the wrongdoer.
Kick Elon's brother from the board or a fine or when next package is announced then force tesla to follow certain legal guidelines.
This is what fines are for, though, and they work even better with very profit-sensitive companies like Tesla.