Musk denied in court that he dictated the terms of the deal, which was hatched in 2017 when the carmaker was struggling to survive.
in a separate legal battle before the same judge after trying to back out of that deal.
The billionaire testified that he focuses his attention where it is needed most, which in 2017 was Tesla.Musk has a history of combative testimony and often appears disdainful of lawyers who ask probing questions. In past trials, he has called opposing attorneys “reprehensible,” questioned their happiness and accused them of “extortion.”Musk was more restrained in Wednesday’s proceedings, although he chafed at probing questions.
Musk acknowledged that he was not a lawyer but added “when you’re in enough lawsuits you pick up a few things.”Musk tweeted this week that he was remaining at Twitter’s San Francisco headquarters around the clock until he fixed that company’s problems, and said on Wednesday he had come on an overnight flight from the social media company.
The legal team for Musk and the Tesla directors have cast the pay package as a set of audacious goals that worked by driving 10-fold growth in Tesla’s stock value, to more than $US600 billion from around $US50 billion.
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