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Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by LunaSea on Wednesday August 27, 2025 @04:28AM (#45036882)
> isn't really something I see likely as he doesn't function in the money-oriented ways pretty much almost all other billionaire-types do

Is that why he sued to obtain his $29B package from Tesla shareholders?

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by sokoloff on Wednesday August 27, 2025 @05:58AM (#45037476)
I’m not the biggest Elon fan, but “man sues to receive the thing he earned over several years of accomplishment that made a lot of people a lot more money than they originally agreed to pay him” is something a lot of people are understandably sympathetic to.
Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by LunaSea on Wednesday August 27, 2025 @08:48AM (#45038928)
> man sues to receive the thing he earned over several years of accomplishment that made a lot of people a lot more money than they originally agreed to pay him

Do you have a source for this?

As far as I understand, the bonus package represents a large part of revenue of all Teslas sold since the beginning.

> is something a lot of people are understandably sympathetic to.

Does he also need to pay back stocks when he does a nazi salute, thus tarnishing the brand's image and stock value?

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by sokoloff on Wednesday August 27, 2025 @12:34PM (#45041884)
> Do you have a source for this?

At the time of the original pay package award (3/21/2018), with primary performance conditions being the growth of Tesla market cap (making money for Tesla shareholders), Tesla had a market cap of $53.5B.

At the time the lawsuit against Musk set aside that pay package in January 2024, Tesla's market cap had expanded under Musk's leadership to around $600B.

$600B - $55B = $545 billion in market cap increase (making money for shareholders), which dwarfs both the $29B he agreed to take as well as the larger amount he would have been due under the 2018 agreement.

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by maxlin on Wednesday August 27, 2025 @06:42PM (#45046232)
Imagine people going around you and waiting to take photo of you calling a taxi a bit wonkily then using that as a proof to try to make your employer sue you for all you're worth. Everyone who even alludes to it as a salute is quite far deranged, especially if still talking about it
Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by ryoshoe on Thursday August 28, 2025 @11:49AM (#45053694)
This wasn't an ill timed photo. There's a video of him making the gesture, twice
Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by AtlasBarfed on Wednesday August 27, 2025 @08:52AM (#45038970)
Is that why he has a non-functioning board of lackeys friends and family members?

That's not how public companies are supposed to work. And no, he didn't earn $29 billion.

Elon musk is a Nazi. He should not be running these companies.

He's simply in a position by undermining what normally is in public company governance to siphon money away from the company.

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by maxlin on Wednesday August 27, 2025 @06:43PM (#45046236)
>AtlasBarfed is a Nazi. He should not be commenting on Hacker News

see, I can make up stupid shit too.

People really claiming Elon is somehow a hinderance to the thing he created from scratch and where almost all shareholders are on his side is just hilarious...

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by plqbfbv on Wednesday August 27, 2025 @09:34AM (#45039472)
> Is that why he sued to obtain his $29B package from Tesla shareholders?

I think you're confused on two sort-of-related things: one is the $56B package agreed to and approved in 2018 that a judge decided to revoke, for that he's suing.

The other one is the relatively recent (July/August) $29B package that was created by two indipendent board advisors to give him a "salary" (he did not participate or vote on the creation of this package), since apparently he received nothing from Tesla for the past 6-7 years. This comes as a result of him expressing that if he wants more control over the company, or he's going to build things (AI, robotics) outside of it. Part of the deal is that he's to forfeit this if the ruling on the 2018 package is in his favor.

https://en.wikipedia.org/wiki/List_of_lawsuits_involving_Tes...

https://www.reuters.com/sustainability/boards-policy-regulat...

https://techcrunch.com/2025/08/04/tesla-hands-29b-comp-packa...

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by maxlin on Wednesday August 27, 2025 @06:37PM (#45046195)
What a crazy disinforming way to spin that story.

I was one of those shareholders who voted FOR that pay package with power of six figures worth of stock. He didn't "sue the shareholders"

Shareholders are strongly on Elon's side here, as they have always have been. The only reason there is a lawsuit is because some bent judge is trying to take the shareholder's power away from them and not grant the pay package. Absolute corruption.

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by peterfirefly on Thursday August 28, 2025 @02:52AM (#45049218)
Ostensibly for the benefit of a man who had 9 shares. And then that man's lawyers demanded billions from Tesla for their trouble.

Same judge who forced him to overpay for Twitter.

Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l... by enslavedrobot on Thursday August 28, 2025 @02:28PM (#45055372)
Let's make a deal. You invest $100 in my company. I won't take a salary unless I at least double your money. Everytime I double your money you owe me 1% of your gains. Is this a fair deal?

That's the deal we voted for and Tesla grew 2000%. Very pleased with the outcome and would vote for any pay package at any company that was similarly structured.