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On October 24, 2019, the transcripts of video depositions of Elon Musk and other SolarCity board members became widely available. [97] The trial was held in July 2021. [98] On October 22, 2021, the lawsuit was limited to a derivative lawsuit and the direct claims against Musk were dismissed. [99]
The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package, after a Delaware judge voided it in January because she found that ...
The Securities and Exchange Commission sued Elon Musk in federal court on Tuesday for allegedly misleading shareholders when he bought hundreds of millions of dollars worth of Twitter stock in ...
(Reuters) - A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the ...
After it was initially approved in 2018, the pay package sparked a lawsuit from some Tesla shareholders who accused Musk and Tesla's board of directors of breaching their duties and unjustly ...
Attorneys for Elon Musk and OpenAI's Sam Altman went head to head in a California courtroom Tuesday. A judge considered Musk's bid to block OpenAI's transition to a for-profit entity. The judge ...
In the same month, eight ex-employees, the same eight who were previously fired for penning an anti-Musk letter at SpaceX, filed a lawsuit against Musk alleging sexual harassment. [61] Also in June 2024, a former Twitter executive sued Musk for "cheating" him and other ousted executives out of $200 million in severance pay. [62]
At the time of the shareholder derivative lawsuit challenging the pay, Musk had not exercised any of the 303 million share options that it granted. The stock options in the invalidated agreement ...