Musk Seeks Dismissal of Tesla Stock-Sale Suit

A bright spot for Tesla shareholders: Under Elon Musk's new $27 billion comp package, their fate is now intertwined with his

The new “replacement” pay package that Tesla unveiled for Elon Musk on August 3 marks a big improvement over its predecessor, for a basic reason. It guarantees what the previous version left open—the very real possibility that if Tesla’s stock takes a giant round trip back to the price where they gave Musk that huge slug, shareholders get nothing but dilution for the directors’ largesse. And Musk still holds shares worth billions. Recall that in…

Musk Seeks Dismissal of Lawsuit Over His $7.5 Billion Tesla Stock Sale

Tesla Inc. co-founder Elon Musk urged a Delaware judge to toss an investor lawsuit alleging he improperly sold more than $7.5 billion in shares after receiving inside information that the electric-car maker would miss its production and delivery targets in 2022.

Musk Seeks Dismissal of Tesla Stock-Sale Suit

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

Elon Musk Challenges Insider Trading Lawsuit Jurisdiction in Delaware Court

Tesla CEO Elon Musk is asking a Delaware judge to dismiss a shareholder lawsuit that accuses him of using insider information to sell $7.5 billion in Tesla stock in 2022, ahead of disappointing delivery and […]