Tesla argues Elon Musk won $56 billion payday due to shareholder vote in court

Reported about 1 year ago

Tesla argues in court that Elon Musk's $56 billion pay package legal battle victory was due to shareholder vote ratifying the 2018 stock options package, following a judge's rescinding of it earlier. The uncertainty in the case puts strain on Musk's relationship with Tesla amidst slower sales and competition. Tesla proposes a final order affirming the defendants' win despite shareholder demands for billions in Tesla stock as legal fees.

Source: YAHOO

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