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Elon Musk goes to trial over his $56 bn Tesla pay package
short by Anisha Joneja / on Monday, 7 November, 2022
Elon Musk is being taken to trial over his $56 billion Tesla pay package which shareholder claims the CEO created to fund his dream of colonising Mars. The pay package allows Musk to purchase 1% of discounted Tesla stock when financial targets are met. Tesla defended the pay package saying that it delivered extraordinary 10-fold increase in value to shareholders.
read more at Reuters