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Elon Musk's "demand for salary" fails again! US judge rules Tesla's $56 billion compensation package invalid.
1. A judge in Delaware, usa upheld the original ruling that Tesla's promise of a $56 billion compensation package to Musk in 2018 is invalid; 2. Tesla shareholders previously voted to approve this compensation agreement, but the judge stated that the board of directors does not have the authority to restore Musk's compensation through a re-vote; 3. The judge also ordered Tesla to pay $0.345 billion in legal fees as compensation for the lawyers who won the case against Musk's invalid compensation package.
SpaceX's latest valuation: 350 billion USD?
In half a month, SpaceX's valuation soared by $100 billion.
Cathie Wood Slams Delaware Judge As 'Activist' Over Elon Musk's $56B Pay Plan Block, Tesla Warns Of Shareholder Rights Crisis Amid Appeal
Options Market Statistics: Investors Cheered Tesla's Long-Awaited FSD Update; Options Pop
Amazon Reveals New Data Center Components to Improve Efficiency
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
