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   soc.culture.polish      Yeah but Polish food gives you the shits      128,236 messages   

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   Message 127,979 of 128,236   
   International Court of Internet Jus to All   
   =?UTF-8?Q?Elon_kupi_96_milion=C3=B3w_akc   
   04 Aug 25 17:49:59   
   
   XPost: pl.misc.samochody, pl.sci.inzynieria, pl.soc.polityka   
   From: user5066@newsgrouper.org.invalid   
      
   Bo wszyscy też będą chcieli kupić akcje tak tanio i kurs poleci na łeb na   
   szyję w dół.   
      
   A za 2 lata ktoś nowy, zdolny, zastąpi Elona, wyeksploatowanego w   
   podróżach na   
   Marsa, czy budowie HyperDoopera i kurs zacznie się powoli podnosić do 100$   
      
      
    Tesla Board Approves $30 Billion Award For Elon Musk At 2018 Prices   
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       KIT NORTON   
       Updated 12:55 PM ET 08/04/2025   
      
   Tesla's (TSLA) board approved an interim stock award of 96 million shares for   
   CEO Elon Musk early Monday, calling it a "good faith" first step and setting   
   the price per share for Musk to exercise his 2018 CEO award package. A   
   longtime Tesla stock bull    
   said the step could "remove" Tesla stock "overhang."   
      
   The EV giant's board set a 23.34 purchase price for the 96 million shares in   
   Musk's stock award program, according to regulatory filings. The current TSLA   
   price is 1,200% higher than that level and the award is valued at $30 billion,   
   based on Monday's    
   stock price. Under terms of the award, Musk cannot "sell, transfer or dispose"   
   of the TSLA shares covered by the 2025 interim CEO award for five years. The   
   96 million shares of restricted stock represent about 3% of TSLA stock   
   outstanding and would give    
   Musk, in total, about a 15% stake in the company.   
      
   The Tesla board will put a larger compensation package before shareholders at   
   the Nov. 6 annual meeting.   
      
   In a letter to shareholders, the Tesla board said that this is an "important   
   first step in compensating Elon Musk for his extraordinary work." The company   
   said it continues to litigate Musk's shareholder-approved pay packages from   
   2018 and 2024 in the    
   Delaware courts.   
      
   Tesla stock rose about 2.2% to 309.40 during Monday's stock market, slightly   
   off intraday highs of 312.12. Shares fell 4.25% last week to 302.63,   
   retreating from key moving averages, but still in an actionable base.   
   Retaining Musk And Removing Overhang   
      
   Tesla wrote that it will not "double dip" and that if the Delaware court   
   reinstates Musk's 2018 pay package, this award would be viewed as an interim   
   and would be forfeited.   
      
   "Retaining Elon is more important than ever before," the Tesla board wrote   
   Monday. "Tesla is at a critical inflection point that has the potential to   
   create continued extraordinary value for you, the shareholders."   
   Best IBD 50 Stocks To Watch   
      
   Wedbush analyst Dan Ives, a longtime Tesla bull, wrote Monday that the interim   
   award will "keep Musk as CEO of Tesla at least until 2030 and removes an   
   overhang on the stock."   
      
   "While the groundwork is now in place for the next few years, it will be   
   critical for the Tesla board of directors to get this long-term compensation   
   strategy in place prior to the company's Nov. 6 shareholder meeting which   
   would address the elephant in    
   the room and remove a significant overhang on the stock," Ives said Monday.   
   EV Giant Under Pressure   
      
   On Friday, a federal jury in Miami, Fla., found the EV giant partly liable in   
   the 2019 death of a pedestrian who was struck by a Tesla vehicle that was in   
   Autopilot.   
      
   A jury of eight people decided Friday that Tesla was partly at fault in the   
   case, due to the use and marketing of its Autopilot technology. Tesla will   
   have to pay a large portion of $329 million in punitive and compensatory   
   damages, according to news    
   reports.   
      
   The $200 million in punitive damages were only assessed vs. Tesla, plaintiffs'   
   attorneys told CNBC. They expect the EV maker to pay their clients $242.5   
   million, which includes one-third of the compensatory damages.   
      
   Musk said on X Friday that Tesla will appeal the ruling.   
      
   The lawsuit in Florida was over the 2019 death of Naibel Benavides Leon. The   
   jury trial began on July 14 in Miami.   
      
   The facts of the case are that George McGee was driving his Tesla Model S in   
   April 2019 when the car crashed into a parked SUV at more than 50 miles per   
   hour. Benavides Leon, who had been standing next to the vehicle, was killed   
   and Dillon Angulo was    
   injured. Before the crash, McGee had engaged the Autopilot system, which can   
   steer, brake and accelerate the car on its own.   
      
   Federal regulators have opened multiple investigations into Tesla's   
   driver-assistance systems, including Autopilot and full self-driving, FSD.   
      
   The verdict that Tesla was partially at fault in the 2019 crash comes as Musk   
   and Tesla are looking to expand their robotaxi ride-hailing service across the   
   U.S., touting the company's autonomous driving capabilities as the key to   
   valuation for the EV    
   giant.   
      
   Musk on Sunday posted to X that Tesla vehicles "can drive themselves!"   
      
   Piper Sandler analysts on Monday wrote that Tesla investors should not   
   overreact to the Miami court ruling.   
      
   "We've learned to ignore headlines related to Autopilot reliability. But the   
   robotaxi roll-out has breathed new life into this topic, and we feel compelled   
   to comment on recent media intrigue," the firm wrote.   
      
   "This case does not have direct implications for Tesla's FSD rollout," Pipe   
   Sandler analysts added.   
   Tesla Stock Trend   
      
   TSLA shares dropped 1.8% to 302.63 during Friday's broad stock market   
   sell-off, after slipping 3.4% on Thursday as the stock market responded to   
   Tesla officially "expanding" its ride-hailing service to the Bay Area.   
   However, the Model Y vehicles have a "   
   safety operator" in the driver's seat, making it little different from FSD   
   that can be equipped in current Tesla models.   
      
   In Austin, Texas, the limited robotaxi ride-hailing service has a safety   
   operator in the front passenger seat.   
      
   In late July, TSLA undercut its 50-day and 200-day moving averages as Musk   
   warned of a "few rough quarters" ahead in the Q2 conference call.   
      
   Tesla stock is still in a new base with a traditional 367.7   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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