Bloomberg Technology
Musk’s Pay Package: Tesla Shareholder’s Lawyer Weighs In
Elon Musk’s $55 billion Tesla pay package has been struck down by a judge in Delaware after shareholder Richard Tornetta challenged it as excessive. Bloomberg’s Max Chafkin and one of Tornetta’s lawyers, Greg Varallo from Bernstein Litowitz Berger & Grossmann, join Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to…
@Ye-tf9im
January 31, 2024 at 7:21 pm
It’s not a car company you goof, you and your client are both peppegas. Tesla is more than a car company with AI and software and battery technology.
@66dometop
January 31, 2024 at 7:23 pm
As a Tesla shareholder, listening to this lawyer try to justify his position makes my blood boil. Shame on him!
@ryanolson2430
January 31, 2024 at 7:25 pm
Doomburg
@eugeniustheodidactus8890
January 31, 2024 at 7:28 pm
Millions of TSLA shareholders lost BILLIONS with this debacle.
@alanccvoo
January 31, 2024 at 7:30 pm
Elon wll walk …
@thewolfdoctor761
January 31, 2024 at 8:20 pm
Which will probably be a good thing. He’s a loose cannon.
@jakesiu7773
January 31, 2024 at 7:34 pm
It’s not about the money…😆
@rm1sha
January 31, 2024 at 7:36 pm
He said a bunch of nothing, except what was specially left out or lied about?
@booobtooober
January 31, 2024 at 7:36 pm
This is a lot of horse hockey twisted to meet a predetermined decision.
@barbaras2582
January 31, 2024 at 7:37 pm
It’s so good to listen to an experienced, ethical professional from time to time, in the middle of all the *$&#ing insanity of this moment in history. God, what a sick, twisted reality we live in now….
@opinionmatters7119
January 31, 2024 at 7:44 pm
lol. The judge was out to lunch
@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.
@timbo8366
January 31, 2024 at 7:56 pm
He built the company. He should get whatever he wants.
@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…
@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.
@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!!!
@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!
@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.
@chiragmehta8212
January 31, 2024 at 8:09 pm
These mofo lawyers better not make more than few thousand dollars.
@chiragmehta8212
January 31, 2024 at 8:17 pm
Pertinent question is how much this pos lawyer and his firm will make?
@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 ?
@SueMaha21
January 31, 2024 at 8:23 pm
There is no Tesla without Elon Musk. He deserves 55 billion and more.
@stephenbone4764
January 31, 2024 at 8:23 pm
IF YOU CANT UNDERSTAND THE ISSUE BEING VOTED ON , INVEST IN ANY OTHER STOCK !
@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 ?
@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…