Elon Musk’s Tesla Compensation Trial in Delaware Court Set to Kick Off

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The trial over Elon Musk‘s multibillion-dollar pay package at Tesla is due to kick off today in Delaware’s business-law court

at Tesla Inc. is due to kick off Monday morning in Delaware’s business-law court.

A Tesla shareholder, Richard Tornetta, is seeking to nullify Mr. Musk’s 2018 compensation grant, valued at around $52 billion at recent share prices. The plaintiff is alleging that the board at the time failed to disclose crucial information about the package to shareholders, who signed off on it.

Source: Law Daily Report (lawdailyreport.net)

 

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Seems Moot. Move on.

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