Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul

Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul

a year ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/11/07/musks-56-billion-tesla-pay-deal-goes-to-trial-amid-twitter-overhaul/

As if Elon Musk didn’t have enough on his plate, the world’s richest man is headed to court next week to defend his $56 billion Tesla pay package. Richard Tornetta, a Tesla shareholder who filed suit in 2019 to rescind Musk’s 2018 pay deal, claims the package — “the largest compensation grant in human history” — is unjustly paid to Musk without demanding he focus entirely on the carmaker.

The trial begins November 14, yet another drama Musk will have to juggle as he works to overhaul Twitter. Musk’s deal to buy the social media company went through at the end of October, and since then Musk has set to work laying off swathes of employees, getting sued for said layoffs, and generally scheming out loud on the platform about charging users $8 per month to get a blue tick next to their names.

Last Seen
5 hours ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
3 hours ago
Reputation
0
Spam
0.000
Last Seen
5 hours ago
Reputation
0
Spam
0.000
Last Seen
50 minutes ago
Reputation
0
Spam
0.000
Last Seen
6 minutes ago
Reputation
0
Spam
0.000
Last Seen
3 hours ago
Reputation
0
Spam
0.000