OPINION
Elon Musk Pay Package Ruling and Companies Leaving America’s First State in Focus at Leave Delaware on X
Dear Friends,
Please follow the Leave Delaware account on X, which is doing a marvelous job of keeping track of companies that have left, plan to leave, or may leave America’s First State.
Here’s a recent tweet from them on Elon Musk and the pay package fiasco:
“One Tesla shareholder sued over Elon’s pay package in 2018.
The result? Years of Delaware litigation. $54+ million in legal fees.
While the case dragged on: → Board time consumed by depositions → Executive focus split between growth and legal strategy → Shareholder-approved compensation stuck in limbo
Seven years of distraction during Tesla’s biggest growth period.”
After reading your feedback on Elon Musk’s pay-package ruling in Delaware’s Chancery Court, the story is resonating with so many of you.
Keep your feedback coming in on Musk, his pay package, Tesla and our corrupt Chancery Court. Whether you agree or disagree with me here at Coastal Network, your feedback is always welcome and appreciated.
Respectfully Yours,
JUDSON Bennett–Coastal Network
Here’s the link to follow the Leave Delaware account on X:
https://x.com/LeaveDelaware
Judson Bennett
Author
Captain A. Judson Bennett was a life- long resident of Lewes, DE. He served the maritime industry for 33 years, primarily as a Delaware River Pilot, guiding large ships to the Port of Philadelphia. Captain Bennett has been an active and consistent entrepreneur over the years.
He was elected as a Lewes City Councilman for 6 years. Afterwards he ran for the Sussex County Council as a Republican, and with 20 thousand people voting, lost Delaware’s closest election by 3 votes to an 8 year incumbent. Abandoning his personal political ambitions, he became the Republican District leader, advocating conservative values. Captain Bennett became a lobbyist in the state legislature advocating among many ideas, financial literacy concepts in education. He managed several political campaigns, including one for Governor of Delaware and one for the US Senate against VP Joe Biden. He is now the owner, operator, and writer for the Coastal Network which communicates regularly with over 6000 people throughout the State of Delaware.
Captain Bennett is a graduate of St. Andrew’s School in Middletown, DE (where the movie “The Dead Poet’s Society was filmed) and also graduated “Magna Cum Laude” from the University of Delaware with a BA in Criminal Justice and an MA in Liberal Studies.
He is now a Widower, living in West Palm Beach, Florida. Captain Bennett has one son, three grandchildren, and one great grand-daughter, all who live in Richmond, Virginia.
