Elon Settles $200 Million Severance Lawsuit
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Elon Musk (who smells by the way) has reached an agreement with the executives that he fired without a severance package when they should have had a severance package.
Allegedly, Musk owed over $128 million but refused to pay as revenge for buying Twitter which he didn’t want to buy but was locked into buying it.
The group includes former Twitter CEO Parag Agrawal, former CFO Ned Segal, former Chief Legal Officer Vijaya Gadde and former General Counsel Sean Edgett. AKA the Fantastic Four.
They all sued back in 2024 as they were fired just hours after Musk took over and one day before they would have gotten $200 million in severance pay plus stock options. Damn, son.
Obviously, we don’t know the amount but I bet it’s $4 and a packet of beef jerky.
According to CNN, “The lawsuit refers to portions of the authorized Elon Musk biography by Walter Isaacson published in 2023, in which Isaacson wrote Musk did not want the executives to collect their severance or vest the stock options “because of the price he was paying and his conviction that Twitter’s management had misled him.” Instead, the book says Musk pushed through a faster close of the Twitter sale so that he could fire the executives “for cause.” The lawsuit claims the cause in the executives termination letters were not substantiated.”
Damn, son.
In other Musk news, Elon’s fighting for a trillion dollars in the upcoming Tesla Annual ShareHolder Meeting of the Shareholders. Why he deserves $1,000,000,000,000 smackerooners is anybodies business but certainly not mine. Only way I could get that money is through sexual favors and I don’t want to even think about how much I’d need to put out for that kind of pay check. Damn, son.
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