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Judge Voids Elon Musk’s Record-Setting Tesla Pay Package

A compensation value $55 billion was a historic one, and it might have made Musk even richer regardless of already main the world’s richest particular person listing for a wholesome portion of time up to now couple of years. But now that the grant has been voided by the court docket as a result of it was deemed unfair, Musk has one final alternative left within the type of an enchantment. If that fails, the board must give you a brand new plan to pay him for the previous 5 years of his service. 

“Never incorporate your company in the state of Delaware,” Musk shared on X, previously generally known as Twitter, quickly after the decision was introduced. “Was the plan even necessary for Tesla to retain Musk and achieve its goals?” Delaware Chancery Court Chief Judge Kathaleen St. J. McCormick requested. Without the compensation factored into his cumulative wealth, Bloomberg estimates that Musk’s web value would drop right down to roughly $154.3 billion, placing him third on the listing of the world’s richest people. 

It’s additionally value noting {that a} majority of Musk’s wealth is tied to Tesla, the place he owns near a 13% share. Musk, alternatively, has currently been eyeing as much as a 25% stake in Tesla in hopes of touchdown extra significant voting rights on the board. During a previous trial over the compensation plan in 2022, Musk informed the court docket that it could assist fund his plans for putting mankind on Mars and attaining interplanetary journey. 

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5 Things You Need To Know About The New Mercedes-Benz V-Class


Sharper styling, more upmarket interiors, and richer technology make these vans even more luxurious

2024 Mercedes Benz V-Class

The 2024 Mercedes Benz V-Class has made its international premiere and offers an even more impressive list of features. It has a more modern exterior design, a refreshed cabin layout, and more technology. Here are five things you need to know about the new V-Class:

More Elegant To Look At

2024 Mercedes Benz V-Class

The new V-Class has a significantly fresher look. It features a bigger grille with illuminated surround, sharper LED lights, and more aggressive bumpers, making it more appealing to luxury-segment buyers. The side profile showcases aerodynamically designed alloy wheels in sizes ranging from 17 to 19 inches. The rear of the van has minimal cosmetic changes with slight tweaks to the tail lamp design and windscreen detailing. Overall, the V-Class now has a more handsome and appealing appearance than its previous version.

An Elevated Cabin Experience

2024 Mercedes Benz V-Class

The interior of the V-Class has undergone significant changes. It now features a new interior layout that matches the rest of the Mercedes-Benz lineup. The wide flowing dashboard layout looks premium and soothing to the eyes. The V-Class finally comes with dual integrated displays. Other new elements inside include a new steering wheel, sleeker AC vents, and an ambient lighting strip that spans the entire cabin. The V-Class is offered in four and six-seater configurations, with the former providing a more luxurious experience.

Features Galore

2024 Mercedes Benz V-Class

The new V-Class comes with a host of features. It has a new-age Mercedes dual display setup with two 12.3-inch screens for the touchscreen system and virtual cockpit. The infotainment system is MBUX, which is the latest offering from Mercedes. The V-Class also offers convenience and relaxation features such as a heated steering wheel, 64-colour ambient lighting, electrically adjustable seats with lumbar support, and several driving assistant features including attention assist, active brake assist, adaptive cruise control, lane-keep assist, and parking assistant. Rear passengers are also treated to luxury with features like electrically sliding doors, tinted rear windows, USB chargers under the seats, and a huge panoramic sunroof. There’s also a Marco Polo edition that serves as a luxurious camper with reclining seats, a small kitchen, and storage compartments.

How About An Electric V-Class?

2024 Mercedes Benz V-Class

Mercedes has also unveiled the updated EQV, which is the electric version of the V-Class. However, the powertrain details of the EQV and the new V-Class are yet to be disclosed. There are also versions of the Vito and e-Vito that cater to the commercial segment. The expected range for the EQV is around 400 kilometres. The regular V-Class is likely to offer a choice of petrol and diesel engines with mild-hybrid technology.

Is It India-bound?

2024 Mercedes Benz V-Class

The previous version of the V-Class was launched in India in 2019 but was discontinued in 2022. It is expected that the updated V-Class will arrive in India in 2024 to compete with the Toyota Velfire. The starting price is estimated to be around Rs 90 lakh.