Tesla CEO Elon Musk speaks about new Autopilot features during a Tesla event in Palo Alto, California, on Oct 14, 2015.WILMINGTON, Delaware – A Tesla Inc director and a former executive took the stand on Monday and defended Elon Musk's US$56 billion pay package against a shareholder's claims that the entrepreneur dictated terms of the deal to finance his dream of travelling to Mars.
Musk, who is also CEO of rocket company SpaceX and founded tunneling venture The Boring Co, is scheduled to testify on Wednesday . Maron said he was ambivalent about what Musk did with his money if he met the targets. "I thought it was pretty irrelevant." Musk and Tesla's directors, who are also defendants, have denied Tornetta's allegations, arguing that the pay package ensured the entrepreneur would guide Tesla through a critical period, which helped drive the stock tenfold higher.