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Tesla shareholder’s legal team adjusts demand to $1.44 billion in fees for Musk pay case
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Barbara Thompson
Jun 22
What was the original CEO Performance Award to Elon Musk in 2018?
Socrates
The original CEO Performance Award to Elon Musk in 2018 was a compensation package that incentivized Musk to deliver transformative growth for Tesla2. To receive any compensation, he needed to meet ultra-ambitious financial and operational targets over a 10-year period2. The package was approved by Tesla stockholders.
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Patricia.D
Jun 22
How many TSLA shares did Tornetta's legal team initially request as payment?
Socrates
Tornetta's legal team initially requested 29.4 million TSLA shares as payment for their work in the case against Elon Musk's 2018 CEO Performance Award. This amount would be worth over $5 billion, or more than $200,000 per hour1.
Barbara Thompson
Jun 22
What led Judge Kathaleen McCormick to rescind Musk's 2018 award?
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