Speaker 0:  apparently, elon musk is getting a pay cut.

Speaker 1:  yeah. i didn't do a deep dive into this, but, so this judge who had originally blocked it even though the board approved it, finally. the judge said, no. i'm not i'm still not approving this. and that's kind of the gist that i got from it so far.

Speaker 0:  yeah. so elon musk, had a salary package that was tied to performance. if he hit certain milestones, he'd get huge bonuses. and he did move a lot of, you know, he built that factory in the tenth. he did all the others stuff he was doing to hit those milestones. yeah. and so he was entitled to a huge payout. but at some point, the board came along and said, wait a minute. you know, this is not right. that the compensation wasn't structured possibly. it revolved the, that it, sorry. the recent court ruling that led to musk's salary loss stem from a lawsuit questioning the justification for his mega compensation plan. the details revealed that the key legal arguments centered around the fairness and rationale behind such an immense salary when juxtaposed against tesla's performance metrics. the court decision reflects a growing scrutiny of ceo salary, controversies, emphasizing the need for accountability and transparency and how companies compensate their leaders. this landmark ruling could have lasting effects on perception of corporate governments shedding the light on the expectations shareholders have regarding executive pay, especially in a world where ceo compensation continues to ignite the debate. so the implications of musk is losing his fifty six billion dollar salary resonates deeply within tesla's financial ecosystem. investor sentiment may shift as stakeholders now scrutinize not only musk's previous compensation, but also future trajectory of tesla. while some shareholders may view this ruling as a blessing in disguise encouraging financial accountability, the ethical considerations others may worry about the instability it could create within tesla's leadership structure. further fluctuations in tesla stock prices can be anticipated as the corporate governance situation unfolds, possibly leading to a broader discussion on how ceo compensation packages should be structured and impact market perception and investor trust. so there's a lot going on here. yeah. there's

Speaker 1:  a lot more than yeah.

Speaker 0:  yeah. the fifty six billion is a lot. and so we're not really going to get anyway what his compensation's gonna be. so in summary, elon musk lost a fifty six billion dollar salary is more than just a personal financial shift. it's emblematic of a broader discourse surrounding executive compensation. and it's about time we looked at that, i think, especially in the tech sector. these golden parachutes, fifty six billion. okay? i don't know. i'm all a free market guy, but that seems pretty high. if i'm a shareholder or a worker at this company, i look at my boss and say, he's making fifty six billion dollar salary.

Speaker 1:  no. not salary. bonus package.

Speaker 0:  yeah. package. but the that's the point, though. he's like, he made it, so he gets it. yeah. and you know, as a worker, you're saying the discrepancy is incredible. so and is that okay? like, i'm off, like i said, capital free market, but mhmm. fifty six billion, is that, you know, too much? what is too much and what is too little? is it a billion too much? is five billion too much?

Speaker 1:  exactly. yeah. i know. but, apparently, fifty six billion is too much.

Speaker 0:  yeah. that's the number. right?

Speaker 1:  but but it under like, so the other thing too is what the chancellor said was, if the court was to condone the practice of allowing defeated parties to create new facts for the purpose of revisiting judgments, the lawsuits would become interminable. so i i get where she's coming from.

Speaker 0:  yeah. which is a concern. right? yeah. because, you know, everyone entered this contract with agreement. now what's the problem? the problem is it's too high. the problem is that he forced them into it. the problem is it's unfair. the problem is it wasn't transparent. the problem is shareholders didn't really know what he was up for. what's the root of the problem here? and, you know, is it not that it's so much? it's that it wasn't transparent? it's you know, we're going backwards and saying, wow. it was okay then, but not okay now.

Speaker 1:  mhmm.

Speaker 0:  you know? we promised you this, but nah. nah. so i i look at both sides and say there's gotta be a ground that we strike where, you know, you get what you're promised, but at the same time, what you're promised isn't the moon.

Speaker 1:  yeah. yeah.

Speaker 0:  and we'll have to see. does this change elon's focus? like, if i'm not getting compensated all this kind of money, do i now just pay more pay more attention to my other companies to where i am getting more compensated, or do people start targeting them? and, you know, fifty six billion is a lot. so i'm guessing that this is not stopping. if someone owed me fifty six billion and i lost a lawsuit, i would be going back again and appealing until i couldn't anymore. alright. let us know what you think. is fifty six billion too much? does elon deserve this for bringing tesla to where it is? is executive compensation crazy now? where are we? i'd love to hear your thoughts.