Musk gives evidence in lawsuit over Tesla compensation package
Elon Musk denied that he dictated terms of the compensation package.
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Elon Musk denied that he dictated terms of the compensation package.
Tesla shareholder Richard Tornetta sued Musk and the board in 2018.
WILMINGTON, Delaware - Elon Musk said in court on Wednesday (Nov 16) that he made some Tesla Inc decisions without the approval of the company's directors, as he defended his US$56 billion (S$77 billion) pay package against claims that he dictated its terms to a compliant board. Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes...
Even during his Tesla compensation trial, Elon Musk couldn't escape questions about his Twitter acquisition.
According to recent reports, Musk has claimed that he made decisions for Tesla without the board's nod as he defended a $56 billion pay package against claims that he dictated its terms to a complaint board.