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Elon Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday. The ruling by ...
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, ... in a court filing in the litigation, Tesla said an equivalent deal would require it to take a charge exceeding ...
In May 2022, Business Insider cited an anonymous friend of an unnamed SpaceX contract flight attendant, alleging that Musk engaged in sexual misconduct in 2016. The source stated that in November 2018, Musk, SpaceX, and the former flight attendant entered into a severance agreement granting the attendant a $250,000 payment in exchange for a promise not to sue over the claims. [35]
More CEOs fed up with Delaware and its powerful Chancery Court are going the way of Elon Musk, ... same judge who voided Musk's compensation. The suit, filed by an investor who challenged the vote ...
On February 12, a class action suit [k] was filed against Musk, Office of Personnel Management, Department of Treasury and Secretary of the Treasury Scott Bessent. [50] Gribbon v. Musk claims that taxpayers, federal employees and those receiving benefits should be compensated for DOGE's access to their personal and financial data. [50]
The filing said Musk’s 2018 compensation was worth $44.9 billion at the close of trading on April 12. Since last year, Tesla has cut prices as much as $20,000 on some models.
A significant number of the cases notably derive from the actions of the company's CEO, Elon Musk, who is also party to many of his own lawsuits. [3] TSLAQ, a loose collective of anonymous short-sellers and skeptics of Tesla and Elon Musk, regularly discusses and shares news of these lawsuits on Twitter and elsewhere. [4]
In a rare slapdown for Elon Musk, a Delaware judge finds that his $56-billion Tesla pay package was the product of giant conflicts of interest on the Tesla board.