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Elon Musk may not be “the richest person in the world” after today: he will go to court in a $56 billion case!

  • November 16, 2022
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Billionaire businessman, who is on the agenda these days with the decisions he made and buying Twitter. Elon MuskThis week it seems to remain on the agenda at

Elon Musk may not be “the richest person in the world” after today: he will go to court in a  billion case!

Billionaire businessman, who is on the agenda these days with the decisions he made and buying Twitter. Elon MuskThis week it seems to remain on the agenda at Tesla. Because as of today, Musk is on the agenda with a lawsuit that is expected to last another week. The other side of this case is a drummer. If the size of the case 56 billion dollars. We know you’re confused. Let’s explain now.

The name of Elon Musk’s plaintiff is a man named Richard Tornetta. Dawn of Correction Tornetta, who is a drummer in the metal band, is also a small Tesla investor. He is such a small investor that he only owned 9 lots of Tesla shares in 2018. However, this small (!) investor filed a lawsuit against Elon Musk about Tesla in 2018. From today lawsuit will begin.

Elon Musk reportedly earned $56 billion in 2018.

Elon Musk

Elon Musk, the CEO of Tesla, will join the company in 2018. Committed to 12 goals. If these goals were met, Tesla would give a large amount of stock to Elon Musk. The maximum earnings here, according to the calculations made at the time, were at the level of 56 billion dollars. Increasing the value of Tesla from $50 billion to $650 billion, out of 12 targets get 11 of them In exchange for this success, Musk acquired about $50 billion in Tesla shares.

This is exactly why Richard Tornetta, a small investor with 9 stocks, sued Elon Musk. The prosecution claims that Elon Musk has 12 targets calculated He states that he acted, that the board of directors made no sound despite knowing this, and that Tesla accepted the astronomical payment to Musk. Moreover, Musk is not putting all his strength into Tesla at that time, by going to Tesla on certain days of the week.”semi CEO“He did.

Plaintiff is not claiming damages for himself!

Elon Musk

One of the highlights in this case is Tornetta’s request. for himself Not claiming even a penny in damages The Tesla investor claims the $56 billion payment should be canceled. So all or most of this money goes back into Tesla’s vault. In this case, Musk will most likely lose his title of the richest person in the world. Because if Musk loses even half of the shares he acquired at the time, his wealth will drop from $ 199 billion to $ 171 billion. In this case, Bernard Arnault becomes the richest person in the world with 175 billion dollars.

In fact, such matters are quite simple and are dealt with after a few days of process. However, the figures are spoken in the case between Musk and Richard Tornetta be too highseems to make it a bit more difficult. That’s what lawyers say to the American press your Twitter The lawsuit he filed against Elon Musk was much easier than this lawsuit. We will see together what will happen in this process.

Source: Web Tekno

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