Elon Musk, Tesla Board Members to Defend CEO’s Pay in Court

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Elon Musk, Tesla Board Members to Defend CEO’s Pay in Court
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Elon Musk is headed to court this week in Delaware to defend his multibillion-dollar compensation package at Tesla

Elon Musk is headed to court this week to defend his multibillion-dollar pay package at Tesla Inc.

A Tesla shareholder is asking Delaware’s business-law court to rescind Mr. Musk’s CEO pay package, which was approved in 2018 and is valued at around $52 billion at recent share prices. The plaintiff has alleged that Tesla’s board at the time failed to disclose key information about the deal and how it came together.

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