Elon Musk loves to be in the news all the time. The billionaire stirs headlines with his controversial tweets, business deals as well as personal life. For months, he has been trying to fix Twitter after buying it for $44 billion. Lately, Musk has been involved in another legal issue.
This has to do with his $56 billion payment to the electric car maker Tesla Inc. During the trial, a judge asked the South African billionaire if the pay hangs on a legal “kill shot.” So let’s find out more about the ongoing trial and why the judge said those things to Musk.
Related: Twitter Has $140 Million Unpaid Bills Since Elon Musk Took Over
Judge Asks Elon Musk About His $56 Billion Tesla Pay
On Tuesday, during the closing arguments in a Delaware court, the Judge asked the lawyers of Elon Musk about his $56 billion Tesla pay. While hearing the dispute, the judge called it “a kill shot.”
In November, a five-day trial took place over the pay the Tesla CEO receives. His 2018 pay package was in question on whether its performance goals were hard to achieve. Richard Tornetta, an investor in Tesla, filed a lawsuit against Musk to void his pay package.
Recently, Musk was also under fire for one of his old tweets where he said that he had secured funding to take Tesla private. Shareholders sued the tech mogul for misleading them and causing them the loss of millions.
In case you missed: Why Elon Musk Will Have The Text Message Logins Only For Twitter Blue Subscribers?
Musk Mocks Meta For Copying His Paid Subscription Plan
Last year, Musk introduced a paid subscription plan for Twitter where users had to pay a monthly fee to get and maintain their blue mark verification status. The plan quickly backfired.
A lot of users started buying the verification mark and renamed their accounts to other celebrities and brands. The most famous is the Eli Lilly one. This led to the company shutting down the feature abruptly.
Recently, Musk tweeted, “inevitable.” This was in response to Meta copying his paid subscription model. Meta is planning to roll out the feature for Instagram and Facebook.
You might also like to read: Why Will Elon Musk Sue A Disgruntled Former Twitter Employee?
