Apr 24, 2024, 3:49 PM
Apr 24, 2024, 2:20 PM

The shareholder wants the judge to keep Musk from avoiding the Delaware pay ruling

Yahoo! News
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Tesla shareholder seeks to bar Musk from dodging from Delaware pay ruling

WILMINGTON, Delaware (Reuters) -A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package asked a Delaware judge on Wednesday to prevent the electric carmaker from bucking the court's authority by moving its legal home to Texas. Richard Tornetta's legal team asked Delaware Chancellor Kathaleen McCormick to rule on his request before Tesla's June 13 annual meeting, where shareholders will vote on reincorporating in Texas and approving Musk's 2018 pay package.

Bloomberg
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Source
Tesla Shareholder Asks Judge to Keep Musk Pay Fight in Delaware

The Tesla Inc. shareholder who successfully challenged co-founder Elon Musk’s $56 billion pay package is asking the Delaware court for an order barring Musk from trying to move the dispute to Texas.

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