Subject: Re: 13F : More Chevron
"I don't want to pile on too much, but one of the court's findings was that the board concluded internally that many of the financial targets were already on track to be achieved. But then told shareholders meeting the targets would be very difficult."

It's still absurd. Because everyone, every analyst and almost every "man on the street", and most of the shareholders, thought that the compensation deal was insane ... insane because 8 or 9 out of the 10 targets were "impossible" to achieve. I saw plenty of folks that wrote at the time "Musk is going to work for free for the last 4 or 5 years of the agreement".

Just because the board also had wacko internal projections doesn't mean that anyone actually believed that those projections were possible.