Connect with us

Musk’s Pay Package: Tesla Shareholder’s Lawyer Weighs In

Elon Musk’s $55 billion Tesla pay package has been struck down by a judge in Delaware after shareholder Richard Tornetta challenged it as excessive. Bloomberg’s Max Chafkin and one of Tornetta’s lawyers, Greg Varallo from Bernstein Litowitz Berger & Grossmann, join Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to…

Published

on

Elon Musk’s $55 billion Tesla pay package has been struck down by a judge in Delaware after shareholder Richard Tornetta challenged it as excessive. Bloomberg’s Max Chafkin and one of Tornetta’s lawyers, Greg Varallo from Bernstein Litowitz Berger & Grossmann, join Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading
Advertisement
27 Comments

27 Comments

  1. @Ye-tf9im

    January 31, 2024 at 7:21 pm

    It’s not a car company you goof, you and your client are both peppegas. Tesla is more than a car company with AI and software and battery technology.

  2. @66dometop

    January 31, 2024 at 7:23 pm

    As a Tesla shareholder, listening to this lawyer try to justify his position makes my blood boil. Shame on him!

  3. @ryanolson2430

    January 31, 2024 at 7:25 pm

    Doomburg

  4. @eugeniustheodidactus8890

    January 31, 2024 at 7:28 pm

    Millions of TSLA shareholders lost BILLIONS with this debacle.

  5. @alanccvoo

    January 31, 2024 at 7:30 pm

    Elon wll walk …

    • @thewolfdoctor761

      January 31, 2024 at 8:20 pm

      Which will probably be a good thing. He’s a loose cannon.

  6. @jakesiu7773

    January 31, 2024 at 7:34 pm

    It’s not about the money…????

  7. @rm1sha

    January 31, 2024 at 7:36 pm

    He said a bunch of nothing, except what was specially left out or lied about?

  8. @booobtooober

    January 31, 2024 at 7:36 pm

    This is a lot of horse hockey twisted to meet a predetermined decision.

  9. @barbaras2582

    January 31, 2024 at 7:37 pm

    It’s so good to listen to an experienced, ethical professional from time to time, in the middle of all the *$&#ing insanity of this moment in history. God, what a sick, twisted reality we live in now….

  10. @opinionmatters7119

    January 31, 2024 at 7:44 pm

    lol. The judge was out to lunch

  11. @markschneider8187

    January 31, 2024 at 7:55 pm

    F Varallo and his client and the judge. How can people who have done NOTHING to advance this business determine how much the leader gets compensated. The shareholders agreed to this package. Take it to the shareholders again and you will get the same or higher results. Musk & Tesla hit their targets MASTERFULLY. He earned this. There are few geniuses who evolve the species. Hack lawyers are everywhere on the planet. Useless turds like this lawyer cripple the species.

  12. @timbo8366

    January 31, 2024 at 7:56 pm

    He built the company. He should get whatever he wants.

  13. @soup-nazi6824

    January 31, 2024 at 8:02 pm

    Elon achieved the crazy growth & milestones that was in the agreement by sleeping in the factory & working 18hr days & now he’s not going to get rewarded…talk about bs & i think this is a setup because the liberals hate that he bought twitter & allowed free speech…

  14. @an-opinion

    January 31, 2024 at 8:04 pm

    He will move to Texas & we (as shareholders) will give him 25%…this old man can eat his candy sitting & doing nothing in life.

  15. @debraglorioso-mariano3636

    January 31, 2024 at 8:04 pm

    Just appalling what country do we live in? So because it is B-ILLIONS that is a bad thing?? Shareholders knew what they were voting stop the bullshit. Moreover, I’m confident they will vote again to approve ANY package that is set forth. WE ARE NOT DUMB AND KNOW EXAXTLY WHY THIS RULING WAS HANDED DOWN. YOUR RUINING THE COUNTRY!!!

  16. @edu2857

    January 31, 2024 at 8:05 pm

    How can you group Elon, one of the greatest value creators ever, with anyone?

    • @edu2857

      January 31, 2024 at 8:07 pm

      “This is a car company”….this guy is ridiculous! He does not determine that. Stay in your lane!

  17. @user-qh9lu5cl6n

    January 31, 2024 at 8:06 pm

    55 Billion is maybe outsized. But if he didn’t meet a laundry list of seemingly impossible goals to be met. He met them all early. Had he missed a single one, he would have got nothing. He sure as hell earned that package. Compared to the value he brought shareholders, 55B is chump change. Next package will be even bigger. After they move to another state.

    • @thewolfdoctor761

      January 31, 2024 at 8:14 pm

      The goals were NOT seemingly impossible.

  18. @chiragmehta8212

    January 31, 2024 at 8:09 pm

    These mofo lawyers better not make more than few thousand dollars.

  19. @chiragmehta8212

    January 31, 2024 at 8:17 pm

    Pertinent question is how much this pos lawyer and his firm will make?

  20. @stephenbone4764

    January 31, 2024 at 8:19 pm

    5 YEARS IN CORT ? WAS THE JUDGE IN JAMACA , SMOKING POT WITH jiusten ? IS 5 YEARS , JUSTICE DENIED ?

  21. @SueMaha21

    January 31, 2024 at 8:23 pm

    There is no Tesla without Elon Musk. He deserves 55 billion and more.

  22. @stephenbone4764

    January 31, 2024 at 8:23 pm

    IF YOU CANT UNDERSTAND THE ISSUE BEING VOTED ON , INVEST IN ANY OTHER STOCK !

  23. @stephenbone4764

    January 31, 2024 at 8:27 pm

    THIS LAWER IS CHALLENGED WITH THE SUBTLE DIFFERENCE BETWEEN [ M MILLION ] AND [ B BILLION ] ? IS IT POSSIBLE HE MIGHT LACK CREDABILITY ?

  24. @MC-ny7iw

    January 31, 2024 at 8:29 pm

    Musk is not a founder of Tesla… such garbage keeps being repeated out there. He founded starlink, yes, and early INVESTOR in Tesla. But NOT a founder, that’s sort of a pretty basic fact…

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Is Weezer Demonic?

Weezer’s music is very powerful. Neutral-good kind of powerful. #Weezer #Rock #WIRED Still haven’t subscribed to WIRED on YouTube? ►► Listen to the Get WIRED podcast ►► Want more WIRED? Get the magazine ►► Follow WIRED: Instagram ►► Twitter ►► Facebook ►► Tik Tok ►► Also, check out the free WIRED channel on Roku, Apple…

Published

on

Weezer’s music is very powerful. Neutral-good kind of powerful.

#Weezer #Rock #WIRED

Still haven’t subscribed to WIRED on YouTube? ►►
Listen to the Get WIRED podcast ►►
Want more WIRED? Get the magazine ►►

Follow WIRED:
Instagram ►►
Twitter ►►
Facebook ►►
Tik Tok ►►

Also, check out the free WIRED channel on Roku, Apple TV, Amazon Fire TV, and Android TV.

ABOUT WIRED
WIRED is where tomorrow is realized.

Continue Reading

Bloomberg Technology

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

Published

on

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

Published

on

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending