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Article Summary
- Elon Musk's lawyers are set to receive a $15 million payout in Tesla stock
- The payout is part of a settlement agreement related to Musk's tweets about taking Tesla private
- Musk's lawyers were involved in negotiations with the SEC over the tweets
- The settlement agreement was reached in 2018 but the payout is set to happen in 2024
- The payout is seen as a reward for the legal work done by Musk's lawyers Tone: Neutral
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The Lawyers Who Took On Tesla And Elon Musk Wanted $5.6 Billion For Winning The Case. In A Lawsuit About Excessive Pay, That Was A Bold Ask, Said The Judge.
The fee would have been 17 times the size of the largest fee in Delaware history.
https://fortune.com/2024/12/04/lawyers-tesla-elon-...
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