Tornetta Vs. Tesla: Whose Side Are You On?

Nov. 18, 2022 12:20 AM ETTesla, Inc. (TSLA) StockTSLA65 Comments
Jaberwock Research
2.96K Followers

Summary

  • Tesla and Elon Musk once again find themselves in Chancery court, this time to defend Elon Musk's 2018 CEO performance award.
  • I explain the implications of a Tesla win or loss in the case.
  • You might be surprised to learn that a win for Tesla is not a win for Tesla shareholders.

Tesla Service Center. Tesla designs and manufactures the Model S electric sedan IV

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Less than a month after resolving the Twitter takeover saga, Elon Musk is once again appearing in the Delaware Court of Chancery, this time to defend his 2018 CEO performance award which is currently valued at close to $50 billion. Musk and members

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I am a retired engineer and company manager. I do not have a financial background or offer financial advice.The articles I write are for interest only and I try to find subjects that interest both me and my readers.I usually take a small position in the companies that a write about, long or short, but most of my investments are in boring blue-chip dividend stocks.An engineering education has provided me with keen analysis skills. Working on projects in over 30 different countries and living on three different continents has given me a broad view of the world and a healthy skepticism about much of what I see in the financial media these days.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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