Published by
Reuters
By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk testified on Wednesday that he made decisions about Tesla Inc, including pausing the acceptance of Bitcoin payments, without director approval as he defended his $56 billion pay package against claims he dictated its terms to a compliant board. Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over Tesla’s board to craft the compensation package, which did not require him to work at Tesla full-time. Musk said he had made a unilateral call on ending acceptance of the…
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