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Tesla’s close-knit leadership team goes under the spotlight in court | CNN

The Tesla board of directors that created the largest compensation package in history for CEO Elon Musk was stocked with his friends, according to court testimony this week. As Tesla heads to court to defend Musk’s pay, this potential conflict of interest may be problematic: Tesla says its board of directors has a legal responsibility for shareholders’ money in addition to overseeing management, which includes Musk. Elizabeth Umphress, professor of management at the UW, is quoted.