Following years of legal argument, a week-long trial commenced in November 2022 where Tesla directors argued the huge pay award was designed to ensure that Mr Musk, one of the world’s most dynamic entrepreneurs, would continue to dedicate his attention to the company. Tesla shareholder Richard Tornetta felt the tycoon was being overpaid. Despite owning just nine Tesla shares he launched legal action calling for the award to be rescinded. A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla. The lawsuit was filed by a shareholder who argued that it was an overpayment. Do you think that Elon Musk deserved the pay for running the company ?
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