• baldingpudenda@lemmy.world
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    6 months ago

    IIRC, part of his contact for selling the company to Twitter was him working there and of he was fired he’d get a huge payout. I’m sure a lawyer looked into it and told Elon you can fire him, but it’s gonna cost you 200 million or whatever it was. I believe he was basically doing the same job just owned by Twitter.

    • CosmicTurtle0@lemmy.dbzer0.com
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      6 months ago

      I think this goes deeper. The reason why the guy had it in his contract to keep him on the payroll was so that he could pay taxes.

      He wanted to pay the most amount of taxes possible.

      • sorrybookbroke@sh.itjust.works
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        6 months ago

        No clue why the downvotes, you’re correct. The man was a well known philanthropist who strongly believed in taxation even as a rich man. He took this deal partially, as he stated, in order to pay income taxes on the profit supporting his country better. He’s a well respected man in his country known for advocating for disabled peoples rights and funding for better support.