Binance Square

ElonMusk.

4.6M views
2,198 Discussing
Herminia Pickrell DQ7R
--
#ElonMusk. Exciting Trading News: Tesla’s Earnings Report Tonight, Big Jump Expected! Wow, the trading world is buzzing with excitement today! Tesla (TSLA) is dropping its Q3 2025 earnings report tonight at 4:30 PM ET (around 1:30 AM Pakistan time tomorrow) – and it’s like a lightning bolt hitting the market! 😎 What’s the Hype? Huge 50%+ Surge: Tesla’s stock has already skyrocketed over 50% this quarter, thanks to better production and hopes of a “trade truce” with China. Tesla makes and sells tons of cars there, so if Trump’s new tariff policy gives some relief... BOOM! The stock could blast off! Market Predictions: Experts think Tesla’s revenue will hit over $25 billion, with earnings per share (EPS) around $0.62. If this happens, the stock could jump 10-15% in tomorrow’s trading – total rollercoaster vibes! Elon Musk’s Magic: Musk’s recent tweets about robotaxis and AI are driving investors wild. Remember, last report sent the stock soaring 20%? This could be another crazy ride! Crypto Buzz Too: Bitcoin’s recovering after dipping below $105K, with over $1 billion in liquidations due to trade war fears. But Tesla’s report could spark both tech and crypto markets, because Musk’s influence is unreal! If you’re trading, stay sharp – this report could shake things up! What do you think, will Tesla explode or crash #Tesla
#ElonMusk.
Exciting Trading News: Tesla’s Earnings Report Tonight, Big Jump Expected!
Wow, the trading world is buzzing with excitement today! Tesla (TSLA) is dropping its Q3 2025 earnings report tonight at 4:30 PM ET (around 1:30 AM Pakistan time tomorrow) – and it’s like a lightning bolt hitting the market! 😎
What’s the Hype?
Huge 50%+ Surge: Tesla’s stock has already skyrocketed over 50% this quarter, thanks to better production and hopes of a “trade truce” with China. Tesla makes and sells tons of cars there, so if Trump’s new tariff policy gives some relief... BOOM! The stock could blast off!
Market Predictions: Experts think Tesla’s revenue will hit over $25 billion, with earnings per share (EPS) around $0.62. If this happens, the stock could jump 10-15% in tomorrow’s trading – total rollercoaster vibes!
Elon Musk’s Magic: Musk’s recent tweets about robotaxis and AI are driving investors wild. Remember, last report sent the stock soaring 20%? This could be another crazy ride!
Crypto Buzz Too: Bitcoin’s recovering after dipping below $105K, with over $1 billion in liquidations due to trade war fears. But Tesla’s report could spark both tech and crypto markets, because Musk’s influence is unreal!
If you’re trading, stay sharp – this report could shake things up! What do you think, will Tesla explode or crash
#Tesla
Elon Musk's Latest Moves Key Updates on Tesla, SpaceX & xAI 🔻 Tesla's Earnings Report: Tesla saw a 37% decline in profits, posting $1.4 billion despite a rise in revenue to $28.1 billion. The drop came after the expiration of the federal EV tax credit, but CEO Elon Musk is focusing on AI and robotics, with plans for expansion into 10 U.S. cities by the end of the year. 🔻 $1 Trillion Pay Package Proposal: Tesla's board proposed a massive $1 trillion pay package for Musk, which could see his stake in the company soar from 13% to nearly 29%. This is tied to ambitious growth targets for the company in the coming years. 🔻 SpaceX's Bitcoin Transaction: SpaceX made its first Bitcoin transfer in three months, signaling a renewed interest in digital assets and showing Musk's ongoing influence in the crypto space. 🔻 xAI's New CFO Appointment: xAI, Musk's AI company, has appointed Anthony Armstrong, former Morgan Stanley banker, as CFO to help strengthen the company's financial strategy and better align with the restructuring of Twitter (X). Market Insight: Tesla’s Stock: Dropped by 3.5% after earnings, now priced at $425.07. Crypto Update: SpaceX’s Bitcoin transaction might signal further involvement in the digital asset space. Stay tuned for more updates from Musk’s world! #ElonMusk. #Tesla #SpaceX #bitcoin #FinanceNews
Elon Musk's Latest Moves Key Updates on Tesla, SpaceX & xAI

🔻 Tesla's Earnings Report:
Tesla saw a 37% decline in profits, posting $1.4 billion despite a rise in revenue to $28.1 billion. The drop came after the expiration of the federal EV tax credit, but CEO Elon Musk is focusing on AI and robotics, with plans for expansion into 10 U.S. cities by the end of the year.

🔻 $1 Trillion Pay Package Proposal:
Tesla's board proposed a massive $1 trillion pay package for Musk, which could see his stake in the company soar from 13% to nearly 29%. This is tied to ambitious growth targets for the company in the coming years.

🔻 SpaceX's Bitcoin Transaction:
SpaceX made its first Bitcoin transfer in three months, signaling a renewed interest in digital assets and showing Musk's ongoing influence in the crypto space.

🔻 xAI's New CFO Appointment:
xAI, Musk's AI company, has appointed Anthony Armstrong, former Morgan Stanley banker, as CFO to help strengthen the company's financial strategy and better align with the restructuring of Twitter (X).

Market Insight:

Tesla’s Stock: Dropped by 3.5% after earnings, now priced at $425.07.

Crypto Update: SpaceX’s Bitcoin transaction might signal further involvement in the digital asset space.

Stay tuned for more updates from Musk’s world!

#ElonMusk. #Tesla #SpaceX #bitcoin
#FinanceNews
🚀 #SpaceX Moves $268M in #Bitcoin — What’s Elon Musk Up To This Time? For the first time since July 2025, SpaceX has shifted a massive amount of Bitcoin — sparking curiosity across the crypto community. 📅 October 21 Update: According to on-chain data, SpaceX reorganized its Bitcoin holdings, transferring nearly $268 million worth of BTC into new wallets. This marks the company’s first major crypto movement in months. 🔹 Transaction Breakdown: Wallet bc1qj7 received 1,298 BTC (~$139.67M) Wallet bc1qq7 received 1,197 BTC (~$128.8M) Before the main transactions, tiny test transfers worth $150 and $177 were sent from Coinbase Prime to both wallets — likely to verify addresses before the massive moves. 📊 Current Balances (Arkham Data): bc1qj7: 1,208 BTC (~$139M) bc1qq7: 1,187 BTC (~$128M) 📜 Past Activity: The last known Bitcoin movement from SpaceX occurred on July 22, when it transferred 1,308 BTC (~$152.9M) to another wallet (bc1q8), following a minor test payment. Before that, SpaceX had sent over 3,000 BTC to Coinbase, signaling occasional wallet restructuring and liquidity management. 💭 Speculation: While no official statement has been released, analysts suggest the recent moves could relate to portfolio reorganization, custody upgrades, or potential liquidity preparations — all of which align with Elon Musk’s occasionally unpredictable yet strategic crypto activity. #Bitcoin #ElonMusk. #CryptoNews {future}(BTCUSDT)
🚀 #SpaceX Moves $268M in #Bitcoin — What’s Elon Musk Up To This Time?

For the first time since July 2025, SpaceX has shifted a massive amount of Bitcoin — sparking curiosity across the crypto community.

📅 October 21 Update:
According to on-chain data, SpaceX reorganized its Bitcoin holdings, transferring nearly $268 million worth of BTC into new wallets. This marks the company’s first major crypto movement in months.

🔹 Transaction Breakdown:

Wallet bc1qj7 received 1,298 BTC (~$139.67M)

Wallet bc1qq7 received 1,197 BTC (~$128.8M)


Before the main transactions, tiny test transfers worth $150 and $177 were sent from Coinbase Prime to both wallets — likely to verify addresses before the massive moves.

📊 Current Balances (Arkham Data):

bc1qj7: 1,208 BTC (~$139M)

bc1qq7: 1,187 BTC (~$128M)


📜 Past Activity:
The last known Bitcoin movement from SpaceX occurred on July 22, when it transferred 1,308 BTC (~$152.9M) to another wallet (bc1q8), following a minor test payment.
Before that, SpaceX had sent over 3,000 BTC to Coinbase, signaling occasional wallet restructuring and liquidity management.

💭 Speculation:
While no official statement has been released, analysts suggest the recent moves could relate to portfolio reorganization, custody upgrades, or potential liquidity preparations — all of which align with Elon Musk’s occasionally unpredictable yet strategic crypto activity.

#Bitcoin #ElonMusk. #CryptoNews
SpaceX moves $268M in BTC to two new addresses On-chain monitoring revealed that SpaceX recently transferred $286 million worth of Bitcoin to two unmarked addresses after three months of no on-chain activity. After three months of inactivity, a wallet owned by Elon Musk’s space exploration company has recently transferred… Summary; SpaceX transferred 2,395 BTC, worth about $268 million, to two new wallets after three months of inactivity. The transfers come as Bitcoin’s price falls below $110,000, prompting market watchers to monitor SpaceX’s activity closely for signs of a potential sell-off despite traders viewing the move as standard housekeeping. #ElonMusk. #CZ
SpaceX moves $268M in BTC to two new addresses

On-chain monitoring revealed that SpaceX recently transferred $286 million worth of Bitcoin to two unmarked addresses after three months of no on-chain activity. After three months of inactivity, a wallet owned by Elon Musk’s space exploration company has recently transferred…

Summary;
SpaceX transferred 2,395 BTC, worth about $268 million, to two new wallets after three months of inactivity.
The transfers come as Bitcoin’s price falls below $110,000, prompting market watchers to monitor SpaceX’s activity closely for signs of a potential sell-off despite traders viewing the move as standard housekeeping.
#ElonMusk. #CZ
#ElonMusk. If you get it pumped then many poor people will become rich and God you will have a good life, what else will you have to do floki
#ElonMusk. If you get it pumped then many poor people will become rich and God you will have a good life, what else will you have to do floki
🚨SpaceX Transfers $268 Million in Bitcoin to New Wallets🧐🚀 2,495 BTC linked to SpaceX have moved for the first time in nearly 5 years. The funds were transferred to new addresses, with no further activity observed so far. Receiving addresses: bc1qj7enhu6dvgsef02xpufkt3rp66r9tfpem6kqef: 1,208 BTC bc1qq7872pzsm755xan80qxdfy37vn5y4vc4t4sduw: 1,187 BTC bc1qav9h0ycr9m2fpq4htp0jjq3p7x90e3gvz6emq2: 90 BTC bc1qmt7lp8qlyakjppwaza2z40n36ykakkkt6h67m3: 10 BTC #MarketPullback #BTC #ElonMusk. #BinanceHODLerTURTLE
🚨SpaceX Transfers $268 Million in Bitcoin to New Wallets🧐🚀

2,495 BTC linked to SpaceX have moved for the first time in nearly 5 years. The funds were transferred to new addresses, with no further activity observed so far.

Receiving addresses:
bc1qj7enhu6dvgsef02xpufkt3rp66r9tfpem6kqef: 1,208 BTC
bc1qq7872pzsm755xan80qxdfy37vn5y4vc4t4sduw: 1,187 BTC
bc1qav9h0ycr9m2fpq4htp0jjq3p7x90e3gvz6emq2: 90 BTC
bc1qmt7lp8qlyakjppwaza2z40n36ykakkkt6h67m3: 10 BTC

#MarketPullback #BTC #ElonMusk. #BinanceHODLerTURTLE
See original
#ElonMusk. Exciting trading news: Tesla's earnings report is tonight, a big jump is expected! Wow, the trading world is full of excitement today! Tesla (TSLA) is publishing its Q3 2025 earnings report tonight at 4:30 PM ET (around 1:30 AM Pakistan time tomorrow) – and it's like lightning hitting the market! 😎 What's the buzz? Huge increase of 50%+: Tesla shares have already risen more than 50% this quarter, thanks to better production and hopes for a "trade truce" with China. Tesla manufactures and sells tons of cars there, so if Trump's new tariff policy offers any relief... BOOM! The shares could take off! Market predictions: Experts believe Tesla's revenue will exceed $25 billion, with earnings per share (EPS) around $0.62. If this happens, shares could jump between 10-15% in tomorrow's trading – total rollercoaster vibes! The magic of Elon Musk: Musk's recent tweets about robotaxis and AI are driving investors crazy. Remember, did the last report make shares soar by 20%? This could be another wild ride! The cryptocurrency buzz too: Bitcoin is recovering after falling below $105K, with over $1 billion in liquidations due to trade war fears. But Tesla's report could ignite both tech and crypto markets, because Musk's influence is unreal! If you're trading, stay alert – this report could shake things up! What do you think, will Tesla explode or crash? #Tesla $DOGE {spot}(DOGEUSDT) $FLOKI {spot}(FLOKIUSDT)
#ElonMusk.
Exciting trading news: Tesla's earnings report is tonight, a big jump is expected!
Wow, the trading world is full of excitement today! Tesla (TSLA) is publishing its Q3 2025 earnings report tonight at 4:30 PM ET (around 1:30 AM Pakistan time tomorrow) – and it's like lightning hitting the market! 😎

What's the buzz?
Huge increase of 50%+: Tesla shares have already risen more than 50% this quarter, thanks to better production and hopes for a "trade truce" with China. Tesla manufactures and sells tons of cars there, so if Trump's new tariff policy offers any relief... BOOM! The shares could take off!

Market predictions: Experts believe Tesla's revenue will exceed $25 billion, with earnings per share (EPS) around $0.62. If this happens, shares could jump between 10-15% in tomorrow's trading – total rollercoaster vibes!
The magic of Elon Musk: Musk's recent tweets about robotaxis and AI are driving investors crazy. Remember, did the last report make shares soar by 20%? This could be another wild ride!

The cryptocurrency buzz too: Bitcoin is recovering after falling below $105K, with over $1 billion in liquidations due to trade war fears. But Tesla's report could ignite both tech and crypto markets, because Musk's influence is unreal!
If you're trading, stay alert – this report could shake things up! What do you think, will Tesla explode or crash?
#Tesla
$DOGE
$FLOKI
#BARKINGNEWS #ElonMusk. 💎 Price: $0.145 📈 Trend: Bullish Reversal Building 👉 Buy Entry: $0.142 – $0.146 🎯 Target: $0.160 – $0.175 🛑 Stop Loss: $0.135 🧠 Market Note: DOGE is gaining traction again as social sentiment and trading volume rise. Elon Musk’s continued support for DOGE payments on X (formerly Twitter) has boosted confidence. If price holds above $0.14, the next leg up toward $0.17 looks likely. Below $0.135 could signal short-term weakness. $DOGE {spot}(DOGEUSDT)
#BARKINGNEWS #ElonMusk. 💎 Price: $0.145
📈 Trend: Bullish Reversal Building
👉 Buy Entry: $0.142 – $0.146
🎯 Target: $0.160 – $0.175
🛑 Stop Loss: $0.135

🧠 Market Note:
DOGE is gaining traction again as social sentiment and trading volume rise. Elon Musk’s continued support for DOGE payments on X (formerly Twitter) has boosted confidence.
If price holds above $0.14, the next leg up toward $0.17 looks likely. Below $0.135 could signal short-term weakness.
$DOGE
See original
🐶 #ElonMusk. boosts the memecoin market with his post about Floki 🚀 #floki rose nearly 29% after Musk posted that his dog #Shibalnu , Floki, was "back at work" as CEO of X, triggering a rally in memecoins. 📈 The movement demonstrates Musk's continued power to move the markets, with $FLOKI going from $0.00006572 to $0.00008469 before slightly correcting. #memecoin
🐶 #ElonMusk. boosts the memecoin market with his post about Floki

🚀 #floki rose nearly 29% after Musk posted that his dog #Shibalnu , Floki, was "back at work" as CEO of X, triggering a rally in memecoins.

📈 The movement demonstrates Musk's continued power to move the markets, with $FLOKI going from $0.00006572 to $0.00008469 before slightly correcting.
#memecoin
See original
🐶 The “Musk Effect” Strikes Again: FLOKI Unleashes a Lightning Rally of 30%The memecoin market reignited. A simple comment from Elon Musk about his dog Floki was enough to trigger a buying frenzy that shot the price of the namesake token in a matter of minutes. An Instant Rally Driven by Social Fever On Monday, FLOKI went from $0.0000657 to $0.0000847, reaching peaks of up to $0.00009 on some exchanges. The rise coincided with a viral wave on social media, where traders and meme communities interpreted Musk's tweet as an indirect signal.

🐶 The “Musk Effect” Strikes Again: FLOKI Unleashes a Lightning Rally of 30%

The memecoin market reignited.

A simple comment from Elon Musk about his dog Floki was enough to trigger a buying frenzy that shot the price of the namesake token in a matter of minutes.


An Instant Rally Driven by Social Fever
On Monday, FLOKI went from $0.0000657 to $0.0000847, reaching peaks of up to $0.00009 on some exchanges.

The rise coincided with a viral wave on social media, where traders and meme communities interpreted Musk's tweet as an indirect signal.
See original
🐕🔥 FLOKI RETURNS TO DOMINATE THE SCENE...... 🐕🔥 + 25% AFTER ELON MUSK'S POST “FLOKI IS BACK ON THE JOB AS X CEO”🚀🚀 #FLOKİ #ElonMusk.
🐕🔥 FLOKI RETURNS TO DOMINATE THE SCENE...... 🐕🔥

+ 25% AFTER ELON MUSK'S POST
“FLOKI IS BACK ON THE JOB AS X CEO”🚀🚀
#FLOKİ #ElonMusk.
Tekno23:
se un giorno elon dovesse rimproverare il suo cane , perderete tutto 😂
🚨 Tesla’s $1 Trillion Pay Plan for Elon Musk: What’s Really Going On? ⚡💼 There’s a storm of headlines swirling around Tesla’s latest compensation proposal for CEO Elon Musk — with some calling it a “$1 trillion pay deal.” But let’s separate fact from hype. $HAPPY {alpha}(CT_501HAPPYwgFcjEJDzRtfWE6tiHE9zGdzpNky2FvjPHsvvGZ) Tesla’s board has outlined a massive, performance-linked compensation plan that could be worth up to $1 trillion, but only if Musk and the company crush a series of ambitious milestones. These targets include expanding Tesla’s global footprint, hitting new highs in AI development, robotaxi deployment, and market capitalization that would take Tesla’s value into unprecedented territory. This fresh plan comes on the heels of Musk’s 2018 $56 billion pay package, which was famously voided by a Delaware court earlier this year for governance concerns. The new proposal attempts to address those legal issues — but it’s still pending shareholder approval and will likely face intense scrutiny before moving forward. Critics argue that the deal concentrates too much power in Musk’s hands and could further cement his dominance over Tesla’s board. Supporters, however, believe Musk’s visionary leadership and relentless innovation have earned him such a reward, especially given Tesla’s decade-long transformation from niche EV maker to global tech titan. 💡 Here’s the bottom line: No money has been paid out yet. This is a proposed, performance-based deal — one that depends entirely on whether Musk can deliver another wave of historic growth for Tesla. And make no mistake: if the plan goes through and Tesla meets those sky-high targets, it could redefine corporate compensation — and possibly make Elon Musk the first trillion-dollar CEO in history. 🚀 #ElonMusk.
🚨 Tesla’s $1 Trillion Pay Plan for Elon Musk: What’s Really Going On? ⚡💼

There’s a storm of headlines swirling around Tesla’s latest compensation proposal for CEO Elon Musk — with some calling it a “$1 trillion pay deal.” But let’s separate fact from hype.
$HAPPY

Tesla’s board has outlined a massive, performance-linked compensation plan that could be worth up to $1 trillion, but only if Musk and the company crush a series of ambitious milestones. These targets include expanding Tesla’s global footprint, hitting new highs in AI development, robotaxi deployment, and market capitalization that would take Tesla’s value into unprecedented territory.

This fresh plan comes on the heels of Musk’s 2018 $56 billion pay package, which was famously voided by a Delaware court earlier this year for governance concerns. The new proposal attempts to address those legal issues — but it’s still pending shareholder approval and will likely face intense scrutiny before moving forward.

Critics argue that the deal concentrates too much power in Musk’s hands and could further cement his dominance over Tesla’s board. Supporters, however, believe Musk’s visionary leadership and relentless innovation have earned him such a reward, especially given Tesla’s decade-long transformation from niche EV maker to global tech titan.

💡 Here’s the bottom line:
No money has been paid out yet. This is a proposed, performance-based deal — one that depends entirely on whether Musk can deliver another wave of historic growth for Tesla.

And make no mistake: if the plan goes through and Tesla meets those sky-high targets, it could redefine corporate compensation — and possibly make Elon Musk the first trillion-dollar CEO in history. 🚀
#ElonMusk.
--
Bullish
See original
See original
Elon Musk: Bitcoin is based on energy ⚡#ElonMusk. #BTC In response to ZeroHedge's tweet that money can be printed, but energy cannot, Elon Musk wrote: "That's right. That's why Bitcoin is based on energy: you can issue fake fiat money, and all governments in history have done so, but you cannot counterfeit energy". 🔧 Upgrade your portfolio: Install the BounceBit patch for greater efficiency

Elon Musk: Bitcoin is based on energy ⚡

#ElonMusk. #BTC
In response to ZeroHedge's tweet that money can be printed, but energy cannot, Elon Musk wrote:
"That's right. That's why Bitcoin is based on energy: you can issue fake fiat money, and all governments in history have done so, but you cannot counterfeit energy".

🔧 Upgrade your portfolio: Install the BounceBit patch for greater efficiency
--
Bullish
🚨 BULLISH FOR DOGE. Buenos Aires now accepts crypto (including $DOGE ) for tax payments. Real-world utility and adoption are growing strong! 🔥 Don’t just watch — play. Watch $LINK $SUI — the next altseason leaders. 🚀 Buy : {spot}(DOGEUSDT) #crypto #Adoption #Bullish #DOGE #ElonMusk.
🚨 BULLISH FOR DOGE.

Buenos Aires now accepts crypto (including $DOGE ) for tax payments. Real-world utility and adoption are growing strong! 🔥
Don’t just watch — play. Watch $LINK $SUI — the next altseason leaders. 🚀
Buy :


#crypto #Adoption #Bullish #DOGE #ElonMusk.
"Elon Musk’s $56B Tesla Pay Battle Reaches Final Verdict: A Defining Moment for Corporate GovernanceElon Musk's $56 Billion Tesla Compensation Battle Nears Its End One of the most significant corporate legal battles in U.S. history is nearing its conclusion. Elon Musk’s $56 billion compensation package, the largest in corporate history, is under scrutiny by the Delaware Supreme Court. The outcome could redefine not only Musk’s fortune but also the future of shareholder-executive relationships globally. The Dispute Over Musk’s Pay Package The saga began in 2018 when Tesla shareholders approved a $56 billion compensation plan for Musk, contingent on ambitious growth targets. In 2023, Judge Kathaleen McCormick ruled the plan unfair, siding with shareholder Richard Tornetta, who argued Musk’s influence over the board skewed the negotiation process. Despite Tesla reintroducing a modified version of the plan in 2024, McCormick rejected it again, prompting the case to reach the Delaware Supreme Court. The Legal Showdown The Delaware Supreme Court will review both McCormick’s decision and a $345 million legal fee awarded to Tornetta’s lawyers. If the court sides with Musk, the original package may be reinstated. If not, Tesla will enforce an alternative deal that could still grant Musk billions in stock-based compensation. Delaware’s Corporate Exodus McCormick’s ruling has had a ripple effect, with major companies like Tesla and Dropbox moving their corporate registrations out of Delaware to states like Texas, where laws offer more protection against shareholder lawsuits. This “Dexit” movement has prompted Delaware lawmakers to revise corporate statutes to retain businesses. A New Era: The Road to a Trillion Despite the legal battle, Tesla is already planning a new compensation structure that could make Musk the first trillionaire. The proposal, similar to the 2018 plan, includes performance-based targets like increasing subscriptions for Full Self-Driving software and launching robotaxi operations. Shareholders will vote on it on November 6. A Landmark Case for Corporate Governance Beyond the money, this case is a pivotal moment in corporate law, challenging the balance between executive power and shareholder rights. For Musk, it’s about defending his leadership; for shareholders, it’s about fairness and transparency. The final ruling will set a precedent for future executive compensation negotiations and corporate governance in general. #ElonMusk. #ElonMuskTalks #ElonMuskTwitter #tesla #TeslaRevolution

"Elon Musk’s $56B Tesla Pay Battle Reaches Final Verdict: A Defining Moment for Corporate Governance

Elon Musk's $56 Billion Tesla Compensation Battle Nears Its End
One of the most significant corporate legal battles in U.S. history is nearing its conclusion. Elon Musk’s $56 billion compensation package, the largest in corporate history, is under scrutiny by the Delaware Supreme Court. The outcome could redefine not only Musk’s fortune but also the future of shareholder-executive relationships globally.
The Dispute Over Musk’s Pay Package
The saga began in 2018 when Tesla shareholders approved a $56 billion compensation plan for Musk, contingent on ambitious growth targets. In 2023, Judge Kathaleen McCormick ruled the plan unfair, siding with shareholder Richard Tornetta, who argued Musk’s influence over the board skewed the negotiation process. Despite Tesla reintroducing a modified version of the plan in 2024, McCormick rejected it again, prompting the case to reach the Delaware Supreme Court.
The Legal Showdown
The Delaware Supreme Court will review both McCormick’s decision and a $345 million legal fee awarded to Tornetta’s lawyers. If the court sides with Musk, the original package may be reinstated. If not, Tesla will enforce an alternative deal that could still grant Musk billions in stock-based compensation.
Delaware’s Corporate Exodus
McCormick’s ruling has had a ripple effect, with major companies like Tesla and Dropbox moving their corporate registrations out of Delaware to states like Texas, where laws offer more protection against shareholder lawsuits. This “Dexit” movement has prompted Delaware lawmakers to revise corporate statutes to retain businesses.
A New Era: The Road to a Trillion
Despite the legal battle, Tesla is already planning a new compensation structure that could make Musk the first trillionaire. The proposal, similar to the 2018 plan, includes performance-based targets like increasing subscriptions for Full Self-Driving software and launching robotaxi operations. Shareholders will vote on it on November 6.
A Landmark Case for Corporate Governance
Beyond the money, this case is a pivotal moment in corporate law, challenging the balance between executive power and shareholder rights. For Musk, it’s about defending his leadership; for shareholders, it’s about fairness and transparency. The final ruling will set a precedent for future executive compensation negotiations and corporate governance in general.
#ElonMusk. #ElonMuskTalks #ElonMuskTwitter #tesla #TeslaRevolution
ELON MUSK AND JACK DORSEY ARE OPENLY TALKING ABOUT BITCOIN TWO OF THE WORLDS RICHEST MEN WHAT A TIME TO BE ALIVE 🚀 #ElonMusk.
ELON MUSK AND JACK DORSEY ARE OPENLY TALKING ABOUT BITCOIN

TWO OF THE WORLDS RICHEST MEN

WHAT A TIME TO BE ALIVE 🚀
#ElonMusk.
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number