Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 3
- Left
- 0
- Center
- 1
- Right
- 2
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 67% Right
Lawyers representing Tesla shareholder Richard Tornetta are requesting $7.2 billion in legal fees, paid in Tesla stock, for their role in voiding Elon Musk's $56 billion compensation package. This request, submitted to Delaware Chancellor Kathaleen McCormick, amounts to $370,000 per hour worked and would be the largest fee in U.S. litigation history. Tesla and many shareholders argue the fee is excessive and have flooded the court with objections. Tesla's legal team contends that the fee request is a 'windfall' and that the shareholder vote to re-ratify Musk's pay package should negate the need for such a large payout. McCormick's decision on the fee and the potential reinstatement of Musk's compensation plan will be closely watched.
- Total News Sources
- 3
- Left
- 0
- Center
- 1
- Right
- 2
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 67% Right
Open Story
Timeline
Analyze and predict the
development of events
Negative
20Serious
Neutral
Optimistic
Positive
Related Topics
Stay in the know
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.