One
of
the
strangest
things
about
appointing
Elon
Musk
as
the
head
of
government
spending
efficiency
is
that
he’s
largely
known
for
easily
preventable
and
repeated
company
value
loss.
There’s
that
time
Tesla
stock
plummeted
because
he
smoked
weed
on
the
Joe
Rogan
show,
there’s
that
time
Tesla
stock
sank
by
26%
after
he
“gave
his
heart
out”
via
sieg
heil,
not
to
mention
that
time
Tesla
stock
plummeted
by
$100M
after
he
fired
one
of
the
best
people
who
also
happened
to
be
on
the
“Do
Not
Fire”
list.
This
is
just
the
tip
of
the
firing
fiasco
iceberg;
thousands
of
people
were
fired
after
Elon’s
X
takeover.
A
recent
settlement
aims
to
make
them
whole.
American
Bazaar
Online
has
coverage:
Elon
Musk’s
social
media
company
X
has
reached
a
settlement
with
former
employees
who
sued
for
$500
million
in
severance
pay.
These
workers
sued
the
company
over
their
terminations
and
severance
packages,
after
around
6,000
workers
—
more
than
half
the
workforce
—
were
laid
off
when
Musk
first
took
over
the
company
in
2022.Court
documents
filed
by
both
sides
state,
“The
parties
have
reached
a
settlement
agreement
in
principle
and
began
negotiating
the
terms
of
a
long
form
settlement
agreement,”
according
to
the
BBC.
Details
of
the
settlement
have
not
been
made
public.
Employees
were
contractually
entitled
to
a
severance
package
of
two
months
base
pay
and
a
week
of
pay
for
each
full
year
of
employment.
While
the
details
of
the
settlement
are
under
wraps,
I
hope
that
the
fired
employees
get
what
they
expected,
along
with
enough
money
to
encourage
Musk
to
listen
to
his
“hardcore”
litigation
team
before
he
reads
a
Grok-generated
list
of
the
dumbest
things
he
can
do
and
does
whatever
is
at
the
top
because
there
is
a
#1
in
front
of
it.
Elon
Musk’s
X
Settles
$500
Million
Severance
Lawsuit
With
Ex-Employees
[American
Bazaar
Online]
Elon
Is
Still
Losing
Money
Over
His
Twitter
Firing
Spree
Chris
Williams
became
a
social
media
manager
and
assistant
editor
for
Above
the
Law
in
June
2021.
Prior
to
joining
the
staff,
he
moonlighted
as
a
minor
Memelord™
in
the
Facebook
group Law
School
Memes
for
Edgy
T14s
.
He
endured
Missouri
long
enough
to
graduate
from
Washington
University
in
St.
Louis
School
of
Law.
He
is
a
former
boatbuilder
who
is
learning
to
swim, is
interested
in
critical
race
theory,
philosophy,
and
humor,
and
has
a
love
for
cycling
that
occasionally
annoys
his
peers.
You
can
reach
him
by
email
at [email protected]
and
by
tweet
at @WritesForRent.