Elon Musk sued over $128m unpaid severance at Twitter

It has been reported that Elon Musk, the CEO of Tesla and SpaceX, is facing legal action over unpaid severance of $128 million from his time as a board member at Twitter. The lawsuit, filed by former Twitter employee John Smith, alleges that Musk was not paid the agreed upon severance package after leaving his position at Twitter.

The lawsuit claims that Musk was promised the $128 million severance package when he joined the board of Twitter in 2019, but despite leaving the position in 2021, he has yet to receive the payment. Smith’s lawyers argue that Musk is in breach of contract and are seeking the full payment plus additional damages.

Elon Musk has not yet publicly commented on the lawsuit, but his legal team is expected to vigorously defend against the claims. The case is likely to be closely watched given Musk’s high-profile status and the large sum of money involved.