Delaware courts reporter Jef Feeley discusses Elon Musk's record-setting pay package approval and X's plan to launch a payment service. They also touch on Tesla shareholder voting, X's hidden likes, and Twitter's pilot program for user safety.
Twitter's move to hide likes aims to protect users from backlash and balance transparency while fostering positive experience.
Deep dives
The Hartford Helping Businesses with Insurance Needs
Businesses face challenges in securing proper insurance, but The Hartford offers tailored coverage for industries like liability, property, and workers' comp. By empowering mid to large companies, The Hartford aids in risk management, safeguarding unique aspects of businesses.
Elon Musk's Pay Package Approval by Tesla Shareholders
Elon Musk's $50 billion pay package approval by Tesla shareholders saw 72% voting in favor, including major holders like Vanguard. Despite aggressive campaigning, his 2018 pay package was ratified, showcasing investor confidence and Musk's strategic engagement to secure this win.
Legal Hurdles for Tesla's Pay Package Reapproval Process
The legal journey for Tesla's pay package faces hurdles as Delaware court judge involvement is crucial. Attempts to rectify initial flaws and seek approval highlight unprecedented legal moves, anticipating challenges and uncertainties in final rulings.
Twitter's Trial of Hiding Likes and Potential Implications
Twitter experimenting with hiding likes reflects concerns over negative repercussions for liking edgy content, particularly politically sensitive posts. The move aims to shield users from potential backlash, balancing transparency goals while fostering a positive user experience.
Last week, we wondered whether Elon Musk would get his pay package approved in a shareholder vote—and we got our answer. According to Musk and Tesla, over 70% of shareholders voted to approve his record-setting deal. But what does this mean? To help answer that question, Elon, Inc. has convened its regular panelists, in the form of Max and Dana, as well as Delaware courts reporter Jef Feeley. And later on, Kurt Wagner comes on to talk about his scoop about X’s plans to become a payment service, and Max Read, of the Read Max newsletter, shares his thoughts on why X has decided to hide its “likes.”