Musk the right to acquire Tesla shares worth over $70 billion before the stock began to lose value last year. Musk, including his management of Tesla, his acquisition of Twitter and whether the board can effectively monitor and control his behavior.Ī group of shareholders challenged an options package that ended up giving Mr. But the case also raises many other issues swirling around Mr. The suit was filed in Delaware, where Tesla is incorporated, and focuses on whether the board gave shareholders enough information about Mr. A lawsuit challenging the pay package that made Elon Musk the world’s wealthiest human, at least for a while, moved a step closer to conclusion on Tuesday as lawyers for aggrieved Tesla shareholders and for the carmaker’s board made last-ditch attempts to sway a judge in their favor.
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