Bloomberg Technology
Pension Fund Sues Musk for Taking Massive Pay Package
Jun.18 — Tesla Inc. directors, including Elon Musk, awarded themselves massive compensation packages over a three-year period that improperly siphoned hundreds of millions of dollars out of the electric-car maker’s coffers, a pension fund invested in the company alleges. Dana Hull reports on “Bloomberg Technology.”
Bloomberg Technology
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Zoltán Kárpát
June 18, 2020 at 10:11 pm
Lawsuit is stupped. The pension fund just 4x-ed their money in the past year … WTF is their problem? 🤔
Voltaire
June 18, 2020 at 10:40 pm
My guess is that they are VERY long oil&gas stocks and hold Tesla as a hedge.
Trevor Ritchie
June 18, 2020 at 10:13 pm
Boring
Cautious X0
June 18, 2020 at 10:15 pm
Lmao. What a useless lawsuit
I_M_T_I_A_Z_ S_Y_E_D
June 18, 2020 at 10:15 pm
defund the pensions
zbLoodlust087
June 18, 2020 at 10:22 pm
No there’s always drama with pension funds that are unsustainable as the average lifespan of human beings increase and they get put under pressure.
Liberal Christo
June 18, 2020 at 10:31 pm
He didn’t inherit his money
CaliforniaMISC
June 18, 2020 at 10:33 pm
wtf
timkiwi
June 18, 2020 at 11:02 pm
it just shows how the financial sector hinders man kind. lets ask how much money these pension funds have invested in the ” Industrial Military Complex” and companies that pollute the environment.
Hayden Macfarlane
June 18, 2020 at 11:20 pm
Lol this is hilarious. If Elon can create this much value for shareholders, he deserves it
To Pi
June 18, 2020 at 11:21 pm
LOL…. Elon Musk who didn’t take a salary and tied his compensation to the success of the company….wrong company to even attempt this… try Boeing or Bank
Chuck Silva
June 19, 2020 at 12:18 am
Tesla? Is the definition of fake?