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Elon Musk trial opens to decide fate of his $56 bln Tesla pay

WILMINGTON, Del, Nov 14 (Reuters) – A lawsuit opened on Monday over allegations by shareholders that Tesla CEO Elon Musk’s $56 billion pay package was rigged with easy performance targets and that investors were duped into approving it, with Musk expected to take a stand later this week. A Tesla (TSLA.O) The shareholder hopes to …

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Musk fired Twitter execs in attempt to avoid payouts, layoffs planned – reports

October 29 (Reuters) – Twitter (TWTR.N) new owner Elon Musk has laid off senior executives in a bid to avoid hefty severance packages, while lining up other layoffs as early as Saturday to avoid stock awards due Nov. 1, media reported Saturday. Musk has fired Twitter chief executive Parag Agrawal, chief financial officer Ned Segal …

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