[ad_1]
WILMINGTON, Del. – As ElonMuskis engulfed inhisoverhaul ofTwitter, the entrepreneur is headed totrialto defendhisrecord $56-billionTeslaIncpaypackage towards claims it unjustly enriches him with out requiringhisfull-time presence on the carmaker.
ATeslashareholder is searching for to rescindMusk’s 2018paydeal, claiming the board set straightforward efficiency targets and thatMuskcreated the bundle to fundhisdream of colonizing Mars.
Teslahas countered that the bundle delivered a rare 10-fold improve in worth to shareholders.
Thetrialbegins Nov. 14 and might be determined by Kathaleen McCormick on Delaware’s Courtroom of Chancery. She oversawTwitter’s lawsuit againstMuskthat ended final m…
Carry on studying: As Musk focuses on Twitter, his $56-B Tesla pay goes to trial
[ad_2]
