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Elon Musk. Elon Musk. Photo Credit: Steve Jurvetson via Wikimedia Commons

The Tesla Inc. board defended what its lawyers termed Elon Musk’s “unusual and audacious” pay package in a motion last week to dismiss a derivative challenge to a compensation scheme that could make the electric car manufacturer’s CEO one of the most highly compensated public-company executives in the world.

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Tom McParland

Tom McParland of Delaware Law Weekly can be contacted at 215-557-2485 or at tmcparland@alm.com. Follow him on Twitter @TMcParlandTLI.

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