Cardano’s Charles Hoskinson reacts to Elon Musk’s latest achievement

Cardano's Charles Hoskinson reacts to Elon Musk's latest achievement

Tesla shareholders voted overwhelmingly to approve a $56 billion pay package for CEO Elon Musk and move the electric vehicle maker’s legal domicile to Texas. Musk confirmed shareholder resolutions on social media on Wednesday, highlighting the wide margin of approval.

Tesla shareholders voted overwhelmingly to approve a $56 billion pay package for CEO Elon Musk and move the electric vehicle maker’s legal domicile to Texas. Musk confirmed shareholder resolutions on social media on Wednesday, highlighting the wide margin of approval.

Advertisement

In his post on X (formerly Twitter), Elon Musk expressed his gratitude for the support. Substantial shareholder support for Musk’s pay package, the largest compensation terms in U.S. corporate history, is poised to ease investor concerns about Musk’s future at the company. This approval also arms tesla in its ongoing legal battle to overturn an earlier court decision invalidating the pay package.

HOT Stories
Dogecoin Nears Major Test Ahead of 45 Billion DOGE Support
Dogecoin Nears Major Test Ahead of 45 Billion DOGE Support
Legendary trader Peter Brandt predicts pain and rise in Bitcoin price
JPMorgan Issues Major Bitcoin Warning as BTC Price Plunges
Shiba Inu (SHIB) on the way to reversal, Solana (SOL) hanging on the edge, Ethereum (ETH) lost $3,500

Despite this important vote, Musk still faces a protracted legal fight. A Delaware judge previously claimed that Tesla’s board was “beholden” to Musk, a claim the company must counter. Additionally, the approval could potentially trigger new lawsuits related to the vote. The final results of the shareholder meeting will be announced at Tesla’s headquarters in Texas at 4:30 p.m. on Thursday.

Charles Hoskinson reacts

Charles Hoskinson, the founder of Cardano (ADA), expressed his views in Musk’s tweet, criticizing the Delaware judge’s earlier decision. Hoskinson tweeted that a large majority of owners had approved the pay package that was withdrawn by a judge in Delaware. She criticized the judge for wanting to hand over $5 billion of shareholders’ money to lawyers representing a person with only nine shares of Tesla and advised that it never be incorporated in Delaware.

Hoskinson’s comment highlights the controversy surrounding the court’s ruling and the broader implications for corporate governance and incorporation. He founder of cardanoThe strong reaction shows the tension between Tesla’s leadership and judicial oversight, reflecting a sentiment that may resonate with other corporate leaders and shareholders.

This episode adds another layer to the ongoing saga of Elon Musk’s leadership at Tesla, marked by his ambitious pay package and the strategic change of Tesla’s legal domicile. As the company navigates these legal challenges, the outcome of the shareholder vote indicates strong support for Musk’s vision and strategy for Tesla’s future.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة