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Elon Musk’s $56bn Tesla pay package rejected again by US judge | Elon Musk

A Delaware judge ruled Monday that Tesla CEO Elon Musk is still not entitled to $56 billion in compensation, even though the electric car company's shareholders voted in favor of reinstatement. handed down a judgment. The ruling, by Chancellor Court Judge Kathleen McCormick, follows a January ruling that struck down the pay package as excessive, […]

Elon Musk’s $56bn Tesla pay package is too much, judge rules | Elon Musk

A Delaware judge on Tuesday ruled in favor of investors who challenged billionaire Elon Musk’s $56 billion compensation package for Tesla as excessive, according to a court filing. . A judge found that Musk’s compensation had been improperly set by the electric car maker’s board of directors and rescinded his compensation. If the decision survives […]