Lawyers Seek Over $5 Billion in Tesla Stock After Winning Case Against Musk's Compensation Plan
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Lawyers who won case against Tesla over Elon Musk's $55B compensation plan are asking for over $5B in Tesla stock as compensation
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A judge ruled Tesla's board misrepresented the compensation plan to shareholders when presenting it for a vote
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The judge found Tesla had governance issues that invalidated the shareholder vote approving the plan
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The lawyers argue their $5B+ fee won't impact Tesla's balance sheet since it comes from Elon's compensation
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Elon called the lawyers "criminal" for seeking $6B after "doing nothing but damage Tesla"