Tesla Urges Judge to Reinstate Musk's $56 Billion Pay Package
Company argues shareholder vote should overturn January ruling, seeks to reduce $6 billion legal fee claim.
- Tesla filed a motion to reverse a January ruling that voided Elon Musk's compensation package.
- Shareholders recently voted in favor of Musk's $56 billion pay package, boosting Tesla's argument.
- Tesla contends the shareholder vote addresses previous concerns about the pay negotiations.
- Opposing lawyers argue the vote has no legal impact and seek a substantial legal fee award.
- Musk's future at Tesla remains uncertain amidst slower sales and increasing competition.