Controversy Erupts Over Musk's Legal Fees

Lawyers who successfully invalidated Elon Musk's $56 billion pay plan are now seeking $6 billion in Tesla stock as legal fees, sparking controversy over the substantial compensation demand. Elon Musk criticized the requested fee, emphasizing discrepancies from prior legal settlements. The legal dispute, focusing on Musk's compensation structure, raised concerns about board independence and conflicts of interest, culminating in a decision by Delaware Chancery Court Chief Judge Kathaleen St. J. McCormick.