Elon Musk Stripped of His $56 Billion Pay Package in a Legal Loss to a Heavy Metal Drummer, Richard Tornetta

Elon Musk, the visionary behind Tesla and SpaceX, faced a monumental legal defeat at the hands of Richard Tornetta, a former heavy metal drummer. This legal confrontation, originating from a lawsuit filed by Tornetta in 2018, culminated in a decision that voided Musk’s colossal $56 billion pay package, marking one of the most significant legal losses in U.S. history.

Tornetta, holding merely nine shares of Tesla at the time, challenged the fairness of Musk’s compensation, leading to a trial that questioned the governance and accountability mechanisms within one of the world’s most valuable companies.