Fired Twitter executives are suing Elon Musk for greater than $128 million

However this time, it’s the similar executives who compelled Musk to name off his $44 billion acquisition who are actually claiming that their aim is to get them out of the $200 million earlier than their inventory choices vest the following morning. Needed to cheat. They’ve a remarkably thorough supply to clarify why they closed the deal and why they fired him after they did: Elon Musk himself, as quoted by Walter Isaacson in a biography launched final 12 months. Elon Musk.

“There's a $200 million distinction within the cookie jar between closing it tonight and shutting it tomorrow morning,” he instructed me within the struggle room Thursday afternoon when the plan was unveiled.

One other excerpt from the e book refers to a dialog between Musk and his lawyer Alex Spiro. Referring particularly to Agarwal, he mentioned, “(H)e tried to resign… however we beat him up.” By firing Agarwal even earlier than he despatched in his resignation letter, he clearly believed It was believed that this could imply that the corporate wouldn’t must pay their severance packages.

Regardless of claims made by Elon Musk's ex about negligence, waste and misconduct, the lawsuit argues that it was licensed by the corporate's board and required to do issues like pay out $90 million to legal professionals who Elon Musk was compelled to pay $44 billion for Twitter.