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A Tesla Inc (TSLA.O) director and a former executive took the stand on Monday and defended Elon Musk's $56 billion pay package against a shareholder's claims that the entrepreneur dictated terms of the deal to finance his dream of traveling to Mars.
WILMINGTON, Delaware – A Tesla Inc director and a former executive took the stand on Monday (Nov 14) and defended Elon Musk's US$56 billion (S$77 billion) pay package against a shareholder's claims that the entrepreneur dictated terms of the deal to finance his dream of travelling to Mars. Tesla shareholder Richard Tornetta hopes to prove that Musk used his dominance...
A Tesla Inc director and a former executive took the stand on Monday and defended Elon Musk's $56 billion pay package against a shareholder's claims that the entrepreneur dictated terms of the deal to finance his dream of traveling to Mars.
Australian tech executive Robyn Denholm told a judge the electric carmaker got good value by agreeing to pay Elon Musk about $82 billion to be its CEO, even though he was splitting time on ventures like building a colony on Mars.