A law firm representing Elon Musk and Tesla has drafted a bill that would overhaul Delaware corporate law specifically to let Musk collect a compensation plan of up to $55.8 billion. The bill has now been introduced in the Delaware General Assembly. www.jalopnik.com/1794019/musk... - ThreadSky

moreperfectunion.bsky.social • 3 days ago

A law firm representing Elon Musk and Tesla has drafted a bill that would overhaul Delaware corporate law specifically to let Musk collect a compensation plan of up to $55.8 billion.

The bill has now been introduced in the Delaware General Assembly.

https://www.jalopnik.com/1794019/musks-new-plan-to-get-his-56-billion-change-the-law/

Comments

davidquinn.oideachasmedia.com•3 days ago

Christ almighty

joejinis.bsky.social•3 days ago

We nearly waited a month, I thought he would do that day 1.
That was the objective all along.

digitaldesert.bsky.social•2 days ago

And just so everyone knows, both houses of Delaware’s State Legislature is controlled by Democrats.🤬

stephanielatour.bsky.social•3 days ago

This is OBSCENE.

juniperbun.bsky.social•2 days ago

GD him, when is someone gonna stop this ahole from taking more of our money?

thewokestgamer.bsky.social•3 days ago

Why is the single wealthiest person in the world more concerned about making money than literally anyone else?

kbgpolitics.bsky.social•3 days ago

The dangers of unchecked wealth in a Democracy. Bad actors, even an illegal immigrant with a chip on his shoulder can just buy whatever kind of government they want.

See also: Citizens United and Ky's Mitch McConnell whose efforts helped ensure it became law.

kbgpolitics.bsky.social•3 days ago

And silence from the citizenry will be interpreted as confirmation of acceptance.

sharontt23.bsky.social•3 days ago

Jfc

joekatz45.bsky.social•3 days ago

@dael.bsky.social, what are the prospects here?

dael.bsky.social•3 days ago

The Muskites are doing everything they can to rush this thing through before anyone can notice. They have the Governor and the entirety of the legislature’s leadership in their pocket, & are saturating local media. So far the only the DE Working Families Party has come out against it.

dael.bsky.social•3 days ago

But! There is a brief window - next couple of weeks - when opponents might be able to raise some hell. The rush job suggests that the Muskites know this will be unpopular…

dlemire60.bsky.social•3 days ago

I can't recall any occasion where a law targeted toward an individual was a good idea.

taooffrank.bsky.social•3 days ago

DOGE: Department of Grifting Everyone

acmepropagandaworx.bsky.social•3 days ago

Don’t buy a Swastikar

https://acmepropagandaworx.etsy.com/listing/1861326540

seriesjunkie.bsky.social•3 days ago

truthseekeronly.bsky.social•3 days ago

Oh hell no! Don’t give that f’er any more $!

judemckenna.bsky.social•3 days ago

Musk would be broke if not for the billions in taxpayer dollars he’s received. Glad we’re subsidizing this Nazi leech.

cozieposie.bsky.social•3 days ago

It would be interesting to make protest posters of him without his hair plugs and plastic surgery. Bully that little man.

alleghenian.bsky.social•3 days ago

Kill Heinrich Himmler.

treonsrealm.bsky.social•3 days ago

Billionaires are a crime against humanity and shouldn't exist.

ycngb.bsky.social•3 days ago

Psychopaths (as defined in the DSM) might be 1 percent of the general population. But perhaps a much higher percent of billionaires might fit in that category.

treonsrealm.bsky.social•3 days ago

Absolutely and if not that, they're definitely sociopaths. Not surprising when it's been proven that extreme wealth alters your brain and removes your connection to the rest of humanity. That type of money destroys any sense of empathy and it's gross.

melzgreen.bsky.social•3 days ago

tell him no!

muskrat-blues.bsky.social•3 days ago

The MuskRat knows that the value of Tesla is about to implode and is trying to cash out while he can. The Tesla board has already sold most of their shares. If you own the stock, dump it quick.

https://www.cfodive.com/news/tesla-cfo-chairwoman-offload-millions-stock-compensation-elonmusk-electricvehicles/739593/

melissahbuckner.bsky.social•3 days ago

As son said, they’ll just quietly do what they want to do.

msseana.bsky.social•3 days ago

https://www.whitehouse.gov/presidential-actions/2025/02/ensuring-accountability-for-all-agencies/

venusvexus.bsky.social•3 days ago

waynetheseine.bsky.social•2 days ago

Come on, Delawarians, send this shit face packing.

jmrey0604.bsky.social•2 days ago

@cjcmichel.bsky.social

siluah.bsky.social•3 days ago

...

yosemitespam.bsky.social•3 days ago

If anyone says Musk wouldn't steal from poor because he's already rich, ask them why he's biting and clawing for every single penny he can find? No amount of money cures greed.

pinkbird.bsky.social•3 days ago

What's the breakdown of the general assembly? Enough people with their noses up the orange ones @$$ crack? Are they running scared or fighting mad?

rocketmansparty.bsky.social•19 hours ago

https://www.youtube.com/watch?v=_cZ7hN4f43Y

alija-mujic.bsky.social•3 days ago

Sheesh, the Onion was not far off in their recent headline. I wish satirical news articles didn't have such a ring of truth these days...
https://bsky.app/profile/theonion.com/post/3lhhv3kg2ob2x

megaira.bsky.social•3 days ago

The onion isn't very far off and more often than not spot on for quite some time now.

silentinflames.bsky.social•3 days ago

100% wealth tax on billionaires.

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