Elon Musk is headed to court this week in Delaware to defend his multibillion-dollar compensation package at Tesla
Elon Musk is headed to court this week to defend his multibillion-dollar pay package at Tesla Inc.
A Tesla shareholder is asking Delaware’s business-law court to rescind Mr. Musk’s CEO pay package, which was approved in 2018 and is valued at around $52 billion at recent share prices. The plaintiff has alleged that Tesla’s board at the time failed to disclose key information about the deal and how it came together.
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