News > Twitter deal could bolster lawsuit over Musk's $56 bn Tesla pay

Twitter deal could bolster lawsuit over Musk's $56 bn Tesla pay

Economic Times | 29/04/2022 04:49 PM | Click to read full article

Elon Musk's $44 billion takeover of Twitter is helping provide ammunition for an upcoming trial where an investor will argue the CEO's $56 billion pay package from Tesla Inc is a waste of money that failed to secure his full-time services.

The deal for Twitter Inc and its potential to distract Musk from Tesla will play an important part in the trial in October, according to one of the shareholder's attorneys.