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They cut Elon Musk off pretty good, and the lawyers are asking for $6 billion in return

They cut Elon Musk off pretty good, and the lawyers are asking for $6 billion in return

Lawyers who convinced a Delaware judge in January to block Tesla from doing so Elon Musk He will compensate himself with $55.8 billion in Tesla shares, reports A Reuters. The attorneys stated in their filing that they realize the amount represents a terrible hourly wage of exactly $288,888. They added that they are not asking for cash, but rather approximately 29 million Tesla shares.

Musk responded on X (formerly Twitter) that the lawyers want $6 billion

They did nothing but damage Tesla.

The avalanche was started by a small investor in 2018, when Musk moved SpaceX's headquarters to Texas. The world's richest man also recommended others leave Delaware with their companies. Richard Tornetta only owned nine shares in Tesla when he decided to sue Elon Musk because he felt the pay given to Musk was excessive. We've written in detail about exactly what this package is here >>>

According to the filing, 266 million Tesla shares will be returned to the company.

Tornita's lawyers feel this is why the massive representation bill they have already submitted to Tesla is justified. As they wrote, with this solution, they would receive compensation for what they just returned to the company, and Tesla would not have to pay a dime in cash due to legal hassle.

Musk may appeal the case.

See also  Index - offshore - fell more than 173 million forints because it is believed to have received firm advice from Elon Musk
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