Elon Musk’s Control Over Tesla’s Board in Focus as Tesla Compensation Trial Kicks Off

WILMINGTON, Del.—Opening-day testimony in the trial over Elon Musk‘sat Tesla Inc. centered on the CEO’s role in determining his own compensation..

A Tesla shareholder, Richard Tornetta, is seeking to nullify Mr. Musk’s 2018 compensation grant, alleging that Mr. Musk controlled the board’s consideration of his pay package and failed to disclose crucial information to shareholders, who signed off on it. The package is worth around $51 billion at recent share prices.

God almighty

If Elon steps down from Tesla, we will see the Stock price south of 50 Bucks!!!

It’s not as bad as congress voting on their salaries, perks & other ways of stealing tax dollars.

Good grief. This is a trial? If you start a company...then yes, you determine your salary. Why is this a thing?

which CEO? paraga ?

Elon knows he has to fired more Twitter people to make this payout.

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