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Tesla, shareholder clash over $7B legal fee request in Elon Musk pay case
TeslaTesla(US:TSLA) New York Post·2024-07-08 20:53

Legal teams for Tesla and a shareholder clashed in court on Monday over the value of a lawsuit that successfully challenged CEO Elon Musk’s enormous pay package and a request for the company to pay a record legal fee worth $7 billion.For more than three hours, two experts offered opposing testimony about the benefit created for Tesla by a Delaware judge’s January ruling that rescinded Musk’s $56-billion pay package.The legal fee is being pursued by Richard Tornetta, who owned nine shares of Tesla when he su ...