TESLA: Specter of Delaware Overreach (Patreon)

My thoughts on what just happened.  I am stunned.  

The Elon Musk Compensation Package and the Specter of Delaware Overreach:

The recent ruling by a Delaware judge to retroactively nullify Elon Musk's $55 billion Tesla compensation package from 2018, despite overwhelming shareholder approval and the achievement of all set milestones, is nothing short of shocking. This decision comes as a staggering blow, especially considering the phenomenal 800% surge in Tesla's stock value since then. It's a move that defies logic and shakes the foundations of corporate trust and governance. This could very well mark a turning point, deterring businesses from incorporating in Delaware or even in the United States. Today, we stand witness to a disheartening and troubling chapter in America's history of business and innovation.

These thoughts were too long to formulate in a post so it was easier for me to write and edit in a substack.