Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low - eviltoast
The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not deliver the 'epic end of year' he promised investors.
  • Elon Musk accused of illegally selling $7.5 billion in Tesla stock in Q4 2022.
  • Lawsuit alleges Musk and board violated fiduciary duties by selling shares ahead of disappointing vehicle sales data.
  • Shareholder seeks disgorgement of $3 billion in illegal gains and damages from directors for reckless behavior.
  • masterofn001@lemmy.ca
    103·
    5 months ago

    I hope it does come back.

    In a beautifully catastrophic arial display, of him and the others trying to escape, burning brilliantly on rentry.

    “Nobody gets out alive - especially the billionaires” ~Jimbert Morrenstein

    • Semi-Hemi-Lemmygod@lemmy.worldEnglish
      41·
      5 months ago

      No, living on Mars will be terrible. I want him to get what he wants and be slowly poisoned while eating algae surrounded by people he hates in a small tin can buried in the ground.