It was learned that Elon Musk will not receive a $56 billion payment from Tesla, it was a court decision. The information was reported by Reuters.
Musk’s company was registered in one of the American states, after the court announced Elon called: “Never register your company in the state of Delaware.” And all this happened because the judge canceled the businessman’s salary package, considering it unfair to the shareholders.
Let us also remind you that this payment to Elon Musk, which Tesla approved in 2018, is the largest payment in its corporate history. It made him the richest man on the planet at the time. However, that same year, drummer Richard Tornetta, who owned nine Tesla shares, filed a lawsuit against Elon. He accused the businessman of “illegally imposing a settlement on a huge pay package.”
Source: People Talk
Mary Crossley is an author at “The Fashion Vibes”. She is a seasoned journalist who is dedicated to delivering the latest news to her readers. With a keen sense of what’s important, Mary covers a wide range of topics, from politics to lifestyle and everything in between.
