Tesla plans a $56bn pay deal for Elon Musk at its annual meeting, despite past legal challenges questioning the necessity and fairness of his compensation.
Elon Musk's pay package, the largest ever for a US-listed company, was tied to Tesla's stock value, revenue, and profitability targets, all of which were exceeded by 2022.
A judge previously voided Musk's pay arrangement, calling it an unfathomable sum. Tesla argues that Musk hasn't been paid for his significant work in the past six years.
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