Tesla paid Elon Musk almost $1 million to insure its board against lawsuits, just as shareholders are being urged to oust him over his $56 billion bonus

Tesla paid Elon Musk almost $1 million to insure its board against lawsuits, just as shareholders are being urged to oust him over his $56 billion bonus

Business Insider

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· Tesla is paying CEO Elon Musk $1 million to insure its board against lawsuits for up to $100 million, SEC filings revealed on Tuesday.
· Tesla announced in April Musk would be personally insuring its board because it said it couldn't find a reasonable quote from an insurance company.
· Investor adviser PIRC on Tuesday...

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