Tesla

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

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The ruling against Musk’s $55 billion compensation sets a bad precedent (thehill.com)

submitted 6 months ago by [email protected] to c/[email protected]

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A cornerstone of any performance pay plan is trust, specifically the assurance that conditions and expectations won’t change after the fact. But Delaware Chancery Court Chief Judge Kathaleen St. J. McCormick appears to challenge this principle in her 200-page ruling.

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[–] [email protected] 3 points 6 months ago

The whole idea of a performance pay plan seems fucking stupid regardless of the money at stake.