"Lawyers Seek $6 Billion in Tesla Stock in Elon Musk Pay Dispute"

The lawyers who successfully argued that Elon Musk's $56 billion pay package was excessive are seeking a record legal fee of $6 billion, payable in Tesla stock, after a Delaware judge nixed the pay package in January. The fee, which equates to an hourly rate of $288,888, is being requested by the attorneys who represented a Tesla shareholder in the lawsuit. The legal team argues that the fee is justified as it is linked to the benefit created for Tesla and is tax-deductible for the company. The fee request must be approved by the judge overseeing the case, and Tesla, Musk, and his attorney have not yet responded to the request.