Elon Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul

As if Elon Musk didn't have enough on his plate, he'll be in court next week to defend his $56 billion Tesla pay package. Richard Tornetta, a Tesla shareholder who sued in 2019 to rescind Musk's 2018 pay package, claims the package — "the largest compensation grant in human history" — is unfairly paid to Musk without requiring him to focus solely on the carmaker.

The trial begins on November 14, adding to Musk's juggling act as he works to overhaul Twitter. Musk's purchase of the social media company was completed at the end of October, and since then, Musk has been busy laying off large numbers of employees, being sued for said layoffs, and generally scheming out loud on the platform about charging users $8 per month to have a blue tick next to their names. The purchase of Twitter did not help Musk's case in the lawsuit over his pay package. Musk is already the CEO of SpaceX, the Boring Company, OpenAI, and Neuralink in addition to Tesla. Musk's use of Twitter only adds weight to Tornetta's claims that Musk is a "part-time executive" at Tesla.

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