Maron to Musk: would 'rather keep cranking' on pay plan

From:: Todd Maron
Date:: July 30, 2017 (reply to Musk's email of about July 30, 2017; exact date not given)
To:: Elon Musk

Excerpt. Only this much of the email has been made public.

rather keep cranking on it . . . because there's a fair amount to it that we've been working on with the board and there's lead time involved.

About this email

Tesla's general counsel pushes back on Musk's request to pause, saying the board work has lead time.

Notes

Known only through the passages quoted in Chancellor McCormick's post-trial opinion (factual background); the full email is not public. Maron's reply to Musk's request to put the compensation discussion on hold.

Where it came from

Court record; attribution confirmed.

Tornetta v. Musk, C.A. No. 2018-0408-KSJM (Del. Ch. Jan. 30, 2024), post-trial opinion
Harvard Law School Forum on Corporate Governance (reproduces the opinion text)
Amended derivative complaint (Bernstein Litowitz)

Tesla, executive & internal. Tags: pay-package, compensation, todd-maron

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