Tesla's financial projections were front-and-center Tuesday in the trial over Elon Musk‘s multibillion-dollar pay package
Tesla Inc. financial projections were front-and-center Tuesday in the trial over Elon Musk‘s multibillion-dollarA Tesla shareholder, Richard Tornetta, is seeking to nullify Mr. Musk’s 2018 compensation grant, alleging that Mr.
Musk controlled the board’s consideration of his pay package and failed to disclose crucial information to shareholders who signed off on it—such as that the company had already determined it was likely to achieve certain targets underpinning the grant. The package is worth around $52 billion at recent share prices.
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