Elon Musk Testifies In Tesla Shareholder's Lawsuit Over His $55 Billion Pay Package



A Tesla shareholder is suing Elon Musk and the company over the $55 billion payment package the two negotiated. NBC News’ Jacob Ward reports on why the shareholder thinks there was a breach of fiduciary responsibility between Musk and Tesla and what Musk said in his testimony.

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21 comments

  1. Musk faced his downfall who cause twitter mess

  2. Tesla should just give him the boot

  3. Tesla has the highest profit per car of any car manufacturer something like 700% more talk about a scam artist.

  4. The shareholder suing trump has 8 shares. The things he had to achieve to get compensated seemed impossible at the time, had he missed the targets he would get nothing. If the targets wernt maintained and didnt still egsist they would have a argument.

  5. He's doing insider trading to grant a huge paycheck for himself and pretending he earned it. The top CEO' s all do it and they claim it's tax exempt and they're a charity like Goodwill. They want thirty five dollars for a t-shirt from Micheal Kor's unfairly priced at $110.00. They have a scam of saying the retail is extremely high to get more tax breaks. Just bought a $350 down coat by MK for sixty online.

  6. Knowing Elon, no way where the tesla workers voluntarily got to twitter. There definitely was a threat of them losing their jobs. Ellon is a dictator

  7. lmaoooo. the guy that sues him only have 9 stock. if he/she dont want that stock no more. sell it to me please

  8. Imagine being so feared by the government that you are now under "investigation".

  9. 4 yrs later huh? Naaaaaaa.

  10. In 2021, Tesla reported a profit of $5.51 billion dollars, the largest profit the company has EVER made and only the FIRST time Tesla reported over $1 billion in profit. To show their appreciation to Musk for leading them to earn that $5.51 billion in profit, Tesla paid Musk $23.5 billion in 2021…. more than FOUR TIMES what the company made in profit.

    In total, Musk's compensation package is worth TEN TIMES more than ALL the profit Tesla has EVER made in the company's history…. oh, and for the record, Musk's brother is on the Tesla Board of Directors. Meanwhile, regular Americans argue over the price of food. The US is an oligarchy controlled by corporate billionaires. The rest of the population just live there and pay rent.

  11. no, everybody does not want to hear what he has to say. Some of us kind of wish he'd STFU.

  12. Can’t even imagine what makes any human being worth that much money.

  13. With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate. Just my thoughts

  14. Has anyone noticed how Elon shows his age and out of no where he loses 10yrs in appearance?

  15. The left closes thanks and swells them at the guy who has threatened their stranglehold on information. Now he is "at the center of many firestorms" but before he bought Twitter they couldn't get his D out their mouth. I am sure that board member was enticed to do this some four years after the deal was signed. Give me a break.

  16. Big media is so mad he owns Twitter now 😭

  17. NBC is a fake news media. He fired the reporter who telling the truth of Pelosi husband attacked by a man. Don't be fooled by NBC.