Tesla shareholder wants to sue Elon Musk for $56 billion in absenteeism

Richard Tornetta, one of the shareholders of Tesla, wants to terminate the agreement under which Elon Musk is paid.

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As we can see, not everyone likes the kind of engagement with which Elon Musk is involved in the affairs of the social network Twitter. Richard Tornetta believes that the American billionaire devotes too little time to Tesla and doesn't show up to work often enough.

According to the shareholder, Elon Musk has been set very easy goals. The plaintiff believes that the American billionaire appears at work less than he should, but receives a salary and illegally enriches himself.

The management of Tesla stated that the task of Elon Musk is not to visit the office, but to ensure the growth of the company. And he is doing a

his job great at the moment. The head of Tesla was able to achieve 11 goals out of 12, which ensured that he was paid $56 billion, which the plaintiff wants to claim. Another bonus of achieving the goals is the ability to buy 1% of the company's stock at a discount.

The hearing is set for November 14, 2022. They will be conducted by Delaware Court of Chancery Judge Kathaleen McCormick, who handled the proceedings between Ilon Musk and Twitter.

Source: Reuters

Image: Sky News