November 26, 2022

Elon Musk testifies in lawsuit over Tesla compensation

File picture of Elon Musk

Elon Musk testifies in lawsuit over Tesla compensation

Tesla CEO Elon Musk took the witness stand on Wednesday to defend himself in a shareholder lawsuit difficult a compensation package deal he was awarded by the corporate’s board of administrators that’s doubtlessly value greater than $55 billion.

Musk denied that he dictated phrases of the compensation package deal or attended any conferences at which the plan was mentioned by the board, its compensation committee, or a working group that helped develop it.

“I used to be completely centered on the execution of the…

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