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Elon Musk Can't Pay Twitter Severance, But He And The Tesla Board Just Agreed To Pay Back $735 Million In Excess Compensation - Vimarsana News

Elon Musk Can't Pay Twitter Severance, But He And The Tesla Board Just Agreed To Pay Back $735 Million In Excess Compensation

Apparently, Elon Musk has little to no interest in paying ex-employees the $500 million in severance he owes them (which was included in the purchase agreement he signed, but which it’s unclear if he ever read), but he (and the close friends and family he stuffed the Tesla board with) need to pay back $735…

Tesla directors pay $735 mln to settle lawsuit over excess compensation - Vimarsana News

Tesla directors pay $735 mln to settle lawsuit over excess compensation

The settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to Tesla directors starting in June 2017.