Lawyers for Tesla were back in the Delaware Supreme Court on Wednesday amid what NPR called a “yearslong legal drama” over a controversial pay proposal for CEO Elon Musk. This particular litigation has indeed been dragging on for years; it pertains to a compensation structure proposed by Tesla’s board in January 2018. According to NPR,…
Tesla CEO Elon Musk is headed to the Delaware Supreme Court to defend his absurdly high pay package. The world’s richest man owes a nice chunk of that wealth from his generous pay package from Tesla. On Wednesday, the Delaware Supreme Court will hear the latest set of arguments in a yearslong legal drama over…
By Tom Hals DOVER, Delaware (Reuters) -Elon Musk’s lawyers will urge the Delaware Supreme Court on Wednesday to restore his $56 billion pay package from Tesla, as one of the biggest corporate legal battles enters its final stage nearly two years after a lower court judge rescinded the Tesla CEO’s record compensation. The outcome could…