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Tesla Objects to $5.2 Billion Payout for Lawyers Who Voided $56 Billion Musk Pay Package
Jun 7, 2024, 04:14 PM
Tesla has objected to a proposed $5.2 billion payout for the legal team that convinced a judge to void Elon Musk's $56 billion pay package. The electric automaker argues that the lawyers should receive only $13.6 million, claiming that their lawsuit provided almost no benefit for the company. Tesla has described the proposed award as a 'mockery' and stated that it would amount to 'the highest hourly rate in history.'
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