Tesla boss Elon Musk’s pay ruling will have venture capital firms worried

She said the process for approving the record-breaking corporate pay package in 2018 was deeply flawed, given Musk’s dominance of the Tesla board and his close ties to some directors who negotiated the pay deal.

And she dismissed the fact that 73 per cent of shareholders, excluding Musk and his brother Kimbal Musk, approved the pay deal.

But the legal case raises some interesting issues, not least whether Musk’s extraordinary stock-based incentive plan was in the…

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