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Money, Drugs, Elon Musk and the Tesla Board of Directors

Money, Drugs, Elon Musk and the Tesla Board of Directors

Elon Musk created a fair share of controversy several years ago when he appeared to smoke a joint during an appearance with podcaster Joe Rogan. A new report is kicking up even more dust, the Wall Street Journal alleging money and drugs have improperly tied the Tesla CEO to the same board of directors that previously approved a $55 billion pay package for Musk.

Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

Calling the deal “unfathomable,” a Delaware court has blocked the $565 billion pay plan awarded Tesla CEO Elon Musk in 2018. The move could spell trouble for Musk’s current demand for 25% control of the EV maker while also raising concerns about his floundering social media site, X, which relied on loans backed by Tesla stock. More from Headlight.News.

Latest Recall Adds to Tesla’s Very, Very, Very Bad Week

Latest Recall Adds to Tesla’s Very, Very, Very Bad Week

Tesla will recall 200,000 EVs to address a problem with their backup camera. The latest in a series of recalls comes as the automaker faces some serious challenges, including a slowdown in sales and earnings that led to a major sell-off of stock this week, wiping out $80 billion in shareholder value. Headlight.News has more.