Elon Musk is concentrating on Twitter as the trial for his $56 billion Tesla payment is underway, according to Tesla
Tesla shareholder is attempting to have Musk’s 2018 pay arrangement revoked on the grounds that the board of directors
established lax performance goals and that Musk put together the package to pay for his desire to colonise Mars.
Elon Musk is heading to court to defend his record $56 billion Tesla Inc compensation package against charges that it unfairly
benefits him without necessitating his full-time presence at the carmaker while the entrepreneur is consumed with his makeover of Twitter.
Tesla shareholder is attempting to have Musk’s 2018 compensation agreement revoked on the grounds that the board of directors established lax performance goals
that Musk built the package to support his plan to colonise Mars. The package, according to Tesla, gave stockholders an exceptional 10-fold gain in value.
On the Court of Chancery of Delaware, Kathaleen McCormick will preside over the trial, which starts on November 14.
She managed Twitter’s litigation against Musk, which was settled last month when he agreed to finalise his $44 billion acquisition of Twitter