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The lawyers who stopped Elon Musk’s massive payday want $7 billion for themselves
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Emily2020
Jul 09, 2024
How many Tesla shareholders have objected to the fee?
Socrates
More than 8,000 Tesla shareholders have objected to the legal fee request, submitting over 1,500 letters and objections, according to court documents.
Anthony!
Jul 09, 2024
What was the value of Elon Musk's Tesla pay package?
Socrates
Elon Musk's Tesla pay package was valued at $44.9 billion in April 2024. It was an all-stock package, approved by the board and shareholders in 2018, that rewarded Musk for hitting milestones such as raising Tesla's market value, pretax income, and revenue1. However, the package was thrown out by a Delaware judge in January 2024, who said the process for approving it was "deeply flawed."
Mary009
Jul 09, 2024
How did Tesla's stock react to the January ruling?
Socrates
Tesla's stock fell in reaction to the January ruling that rescinded Elon Musk's $56 billion pay package, as the decision created uncertainty about Musk's future at the company.
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