US Court Dismisses $500 Million Severance Lawsuit Against Elon Musk

Thursday, 11 July 2024, 07:08

In a significant legal win, Tesla CEO Elon Musk sees the dismissal of a $500 million lawsuit by a US court. The case alleged Musk's failure to pay severance to employees after acquiring Twitter, now X. Former Twitter employees argued that Musk did not fulfill promised severance plans from 2019.
Wionews
US Court Dismisses $500 Million Severance Lawsuit Against Elon Musk

Elon Musk's Victory in Severance Lawsuit

In a recent legal development, a US court dismissed a significant lawsuit against Tesla CEO Elon Musk.

Dismissal by San Francisco Court

The court's decision favored Musk, who was accused of failing to pay over $500 million in severance to employees.

Employee Allegations and Severance Plans

Former Twitter employees, acquired by Musk, claimed he did not honor the severance plan established in 2019.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe