[adrotate group="2"]
SHOCKING NEW MUSK PAY PACKAGE UNDER FIRE: Is Tesla Playing by the Rules?
$29 BILLION BOMB: In a scandalous twist brewing behind the scenes at Tesla, the SOC Investment Group has taken aim at Elon Musk’s jaw-dropping $29 billion equity grant! This isn’t just a corporate shake-up; it’s a call for Nasdaq to step in and ACT NOW!
Musk’s Mega-Money Mystery: Shareholders Left in the Dark?
In a daring letter sent on August 19, 2025, the SOC Group, a powerful union-backed coalition representing over 2 million members, demanded answers. Their target? Tesla’s board and its cloud of secrecy surrounding Musk’s newly approved compensation, which they claim skated right past important shareholder protections!
Did Tesla Break the Rules?
The SOC Group is raising eyebrows, claiming Musk’s ‘2025 CEO Interim Award’ should have triggered a SHAREHOLDER VOTE. Why? Because this staggering windfall directly alters Tesla’s compensation strategy, shattering Nasdaq’s listing rules!
The Court of Controversy
This explosive new equity package doesn’t exist in a vacuum. It’s a band-aid over the ruins left by Musk’s previous $56 billion option award, which was shot down by the Delaware Chancery Court—twice! As we speak, this decision is up for appeal, making the stakes higher than ever.
TIGHT RESTRICTIONS? NOT SO FAST!
Sure, the latest package has some hooks: Musk can’t touch those shares until August 2027, and he can’t offload them until 2030—but hold your applause! Critics are pointing out that the new deal is devoid of any solid performance goals. Labor expert Brian Dunn labels these grants as “fog-the-mirror” awards—if you’re alive and breathing, you’re in!
A Board That Plays Favorites?
Tejal Patel, SOC’s executive director, is fuming! She argues that Tesla’s past disclosures were crystal clear: Musk was meant to be excluded from the 2019 Equity Incentive Plan. According to SOC, shareholders were blindsided when they voted—they had NO idea they were endorsing a pay package for Musk!
The SEC Comes Knocking?
With additional interim awards looming on the horizon, the SOC Group is warning Nasdaq to act fast, or risk a further erosion of the balance between shareholders and management. They’re pushing for transparency in executive compensation and to protect shareholders from further dilution!
Shareholder Discontent Boils Over
The SOC Group isn’t just a random activist—they’ve been in the trenches fighting Musk’s extravagant pay packages for years. They’ve rallied investors to reject his astronomical previous paychecks and are now calling for an inquiry into whether the board is truly acting in shareholder interest—or if they’re Musk’s personal cheerleaders.
Musk’s Board Under Fire: Is Independence a Myth?
Questions of director independence are causing alarm bells to ring! SOC has slammed Musk’s board for not being truly independent, allowing conflict of interest concerns to fester. They claim this unsustainable juggling act is set to implode, with Musk’s many roles leaving shareholders on shaky ground.
Tesla’s Silence Speaks Volumes
Will Tesla respond to these incendiary allegations? As of now, they’ve remained tight-lipped, but the world is watching closely—for the sake of Tesla’s future and Musk’s massive payday, the stakes couldn’t be higher!
Buckle Up, People! The Tesla Drama Is Far From Over!
photo credit: fortune.com
[adrotate group="2"]
