[tardy_one]

I don't really get his behavior on this one.. $500m is a lot to save, but this is someone who has lost billions more on various other things..

In some particular markets it may be helpful to only attract workers who aren't very confident, but in the longer term I think it would hurt possibilities to have a lot of the work force take a piss on your job offers. I.e. never the best in a niche, only whoever will entertain an offer connected to Musk.

[martinbaun]

I don't know the specifics of this, but the judge ruled in his favor and thus the severance package didn't include this. Elon musk literally have a whole team of lawyers just to deal with all the times he gets sued for various thing - like every one celebrity or rich person. If he paid everytime, he would have went bankrupt many times.

[falcor84]

> If he paid everytime, he would have went bankrupt many times.

If he just paid proper severance every time (rather than paying out after being sued), I think he'd still be absolutely ok.

[tardy_one]

Deciding it is not a matter of federal law is not a ruling in his favor for violating norms, verbal and written contracts.. If he can't afford the norms of compensation and leasing then that is a reason to never do business with him.

[lazide]

Market dynamics have been trending in the direction of leasing companies getting more desperate, not less.

[tardy_one]

>> but in the longer term I think it would hurt possibilities

Doesn't matter in this weeks market, but he can't even convince people he's capable of remaining a passive investor, so ten years from now no top spots, no top people because the way norms are enforced is by black balling people like him whenever it is tolerably inconvenient.

[lazide]

If you can afford to blackball billionaires without going insolvent, then more power to you.

[tardy_one]

If you think ypu are going to make it rich signing contracts only the other side can enforce then how would you remain solvent? There's a lot more other business in the world.

[financltravsty]

Defeatist mindset, no?