Los Angeles, California – Lawyers involved in the case regarding Elon Musk’s excessive pay are seeking a fee of $6 billion in Tesla stock. The lawyers, who successfully argued that Musk’s pay was over the top, are now pushing for a sizable compensation in the form of company shares.
The legal team behind the effort to void Musk’s pay as excessive is now aiming to collect a substantial fee through Tesla shares. This move comes after their successful challenge to Musk’s compensation package, which was deemed to be too high by the courts.
The request for a $6 billion fee in Tesla stock marks a significant development in the ongoing legal battle over Musk’s pay. The lawyers involved in the case are determined to receive what they believe is a fair and appropriate compensation for their efforts in challenging Musk’s salary.
This latest move by the legal team further complicates the already contentious issue of executive compensation in the corporate world. The outcome of this legal battle could have far-reaching implications for how companies structure and distribute compensation to their top executives.
Despite the pushback from Musk and his supporters, the lawyers remain steadfast in their pursuit of a $6 billion fee in Tesla shares. The outcome of this case will not only impact Musk’s personal wealth but could also set a precedent for how executive pay is regulated and scrutinized in the future.
As the legal battle over Musk’s pay continues to unfold, the financial stakes are high for both sides. The decision on whether to award the lawyers a $6 billion fee in Tesla stock will have ripple effects across the business world and may influence how companies approach executive compensation moving forward.