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Lawyers who had Elon Musk's pay dismissed as excessive seek $6bn in Tesla shares
TeslaTesla(US:TSLA) The Guardian·2024-03-02 13:05

The lawyers who successfully argued that Elon Musk’s 56bnpaypackagewasexcessiveareseekingarecordlegalfeeworth56bn pay package was excessive are seeking a record legal fee worth 6bn, payable in the electric car maker’s stock, according to a court filing.“We recognise that the requested fee is unprecedented in terms of absolute size,” Friday’s filing by the three law firms with the court of chancery in Delaware said.The fee works out to an hourly rate of $288,888, according to the filing.The electric vehicle maker is being asked to pay the fee because it benefit ...