Legal
Lawyers Who Killed Elon Musk’s $56 Billion Pay Pact Seek Tesla Stock
- Investor’s attorneys want fees paid with 29 million shares
- Judge must finalize ruling before Musk can file an appeal
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Lawyers for a Tesla Inc. investor who persuaded a judge to throw out Elon Musk’s $55.8 billion pay package are making an unusual request to have their legal fees paid in the form of about $6 billion of stock in the electric-car maker.
Attorneys for the Tesla investor who challenged Musk’s executive-compensation award – the largest ever given to a corporate titan – filed the request Friday in Delaware state court.