Posted 3/2/2024, 5:31:00 PM
Lawyers Who Invalidated Musk's Tesla Pay Deal Seek $6B in Company Shares as Fees
- Lawyers who invalidated Musk's $56B Tesla pay package are seeking $6B in Tesla shares as legal fees
- The lawyers argue they deserve over 29 million Tesla shares and want to "eat their own cooking" by linking fees to the benefit created
- Musk called the lawyers "criminal" and said they "did nothing but damage Tesla"
- A law professor said it's the largest attorney fee request she's ever seen, but makes sense given the size of the original compensation package
- Musk has signaled interest in another large Tesla stock award after selling shares to acquire Twitter, citing a desire to retain 25% voting control