Onstage at the annual shareholder meeting in Austin, Texas, Musk described himself as pathologically optimistic. 'If I wasn't optimistic this wouldn't exist, this factory wouldn't exist,' Musk said to applause. 'But I do deliver in the end. That's the important thing.'
The judge invalidated the pay package in January, describing it as 'unfathomable.' Musk may also face fresh lawsuits on the package, which would be the largest in U.S. corporate history.
'This thing is not over,' said Brian Quinn, a professor at Boston College Law School. The Delaware judge will scrutinize the vote and require Tesla to prove the process was not coerced or improperly influenced by Musk, he said.
The judge had criticized Tesla's board as 'beholden' to him, saying the plan was proposed by a conflicted board with close personal and financial ties to its top executive.
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