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Here's another: the best case value of Musk's "unconscionable" pay package (in the form of conditional stock grants) at the time it was offered was about $5B, r
by leereeves 3y ago
Here's another: the best case value of Musk's "unconscionable" pay package (in the form of conditional stock grants) at the time it was offered was about $5B, roughly the same amount the lawyers are asking for.
Now they argue that the amount "would be justified given how much value they delivered to Tesla shareholders"! That sounds like a great argument for paying Musk, who delivered 10x the value.
And another hilarious bit: “Delaware seeks to incentivize, not punish, efficient litigation.” Litigation, but not business.