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Tesla Urges Judge to Reinstate Musk's $56 Billion Pay Package

Company argues shareholder vote should overturn January ruling, seeks to reduce $6 billion legal fee claim.

  • Tesla filed a motion to reverse a January ruling that voided Elon Musk's compensation package.
  • Shareholders recently voted in favor of Musk's $56 billion pay package, boosting Tesla's argument.
  • Tesla contends the shareholder vote addresses previous concerns about the pay negotiations.
  • Opposing lawyers argue the vote has no legal impact and seek a substantial legal fee award.
  • Musk's future at Tesla remains uncertain amidst slower sales and increasing competition.
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