It's telling when people resort to ad hominem. The government is in the process of confiscating tens of billions of dollars from him - if thats not a real consequence I don't know what is. Wether or not that ruling only happened because of his political position is a different matter, it's not like the judge mentioned it was because of his political posts on social media - like other officials have [1].
The government isn't confiscating anything.. they merely ruled that the independent board of directors who authorized the richest pay deal in the history of pay deals wasn't truly independent as is necessary to properly represent the shareholders they legally must represent. Every dollar stays with the company.
Tesla had $50 whatever billion worth of stock before his deal, they had it after the deal when Delaware ruled in the shareholders’ favor and they granted it to him again following the subsequent shareholder vote. It’s a real ‘flexible’ use of the word confiscate when the confiscating party never had a dollar of the confiscated funds…
I’m sure Elon is annoyed he has to follow basic corporate governance, but that’s kind of the point of governance.
So it wouldn't be confiscation or a punishment if the courts said you owed me a few years of your salary - because theoretically I could decide to give it back to you in the future?
If you want to wire me a few years of your compensation I will gladly accept.
