Some unhappy Tesla shareholders are slated to take Musk and the Tesla board to court this month over his 2018 CEO compensation package. Musk is the richest person on the planet, with most of his wealth derived from Tesla stock via a historically large compensation package that the company has granted him through the years. The former Tesla employees won, but the electric vehicle maker was able to overturn the decision later on appeal. In a lawsuit after that, about 50 former Tesla employees claimed the company had terminated them without paying equity compensation that they'd been promised in job offer letters. Elon Musk et al, a former Tesla Chief Information Officer named Gene Glaudell said Musk and other Tesla executives at that time, "did not want to say in public that Tesla was making cuts for financial reasons." Rather, they tried to attribute the cuts to "performance and management accountability." Twitter employees had some reason to be concerned about their equity, given the company is now in private hands, and because Musk has a history of apparently trying to avoid payouts.Īccording to 2009 deposition transcripts from a high-profile Tesla lawsuit, Martin Eberhard v. Musk responded, "this is false," in a tweet on Friday, though he didn't provide any evidence or further details. 1, a date when many employees were scheduled to receive stock grants. The New York Times reported that layoffs at Twitter could take place before Nov. The meeting was canceled unexpectedly, employees told CNBC. Musk was scheduled to hold an all-hands meeting with Twitter employees on Nov. Twitter didn't immediately respond to a request for comment. It's not clear whether other executives and employees who were fired or who resigned after Musk bought the company will be compensated for shares about to vest. Musk reportedly fired them "for cause," potentially to avoid paying millions of dollars in so-called golden parachutes. He's already gotten rid of top executives, starting with the CEO, CFO, policy chief and other high-ranking leaders and their direct reports. Musk has indicated many times in recent months that Twitter is overstaffed and that one of his first moves would be to make dramatic reductions. That's close to 20% of Twitter's revenue for the quarter. In the first six months of 2022, Twitter recorded a stock-based compensation expense of $459.5 million, up from $289.1 million during the same period a year earlier. Tech companies are known for paying a high percentage of their compensation through stock awards, and Twitter has been notably reliant on equity payouts. Employees said they were reassured by managers that the company's payroll department was working on processing their vested stock. However, it appears that the current tranche of stock-based compensation for many Twitter employees, who were there before Musk took over, will get paid out after all.Īccording to employees at the company and internal communications viewed by CNBC, newly vesting shares are expected to be paid in the first half of November, starting as early as Nov. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower You can add it anywhere in the caption btw e.g.Best Debt Consolidation Loans for Bad Credit Just add #karenxnerf somewhere in the caption of your reel on Instagram so I can find you. If you already have a NeRF video you can submit too. You can follow the tutorial, or do your own creative twist. I'll feature 10 creators on May 22 on my IG, you have until then to submit :) (The mobile app is iPhone only right now) You'll need to edit with keyframes instead of using the augmented reality method If you're on an android you can still use their web app ( lumalabs.ai) and upload footage. For advanced tips, look up on YouTube "Create FPV-Like Videos with Your Phone" by Note: in my finished video, I added a speed ramp and some motion blur in After Effects, but this step is optional I prefer uploading footage instead of capturing in-app If you have a wide lens on your phone, use that (not required, default lens also works) ![]() *heads up* the app is getting a surge of people right now, so wait times to process your NeRF are longer than usual Editing is getting more and more intuitive and it's exciting to see You can just *walk* through your scene, just like in real life. Instead of manually editing and setting keyframes. I've been playing around with NeRFs and recently came out with this "AR" feature (augmented reality) ![]() Now it's possible to do this 100% on your phone, zero technical experience needed Using NeRFs to get a "drone" shot with a phone
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